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COVID-19 Important, updated information from Brad McMillan, managing principal and chief investment officer at Commonwealth Financial Network®, our Registered Investment Adviser–broker/dealer.
In this video, available at https://vimeo.com/418511300, Mr. McMillan provides an update on the coronavirus crisis, including the economic and market implications.
It was another good week in terms of controlling the virus, with the daily spread rate dropping to less than 2 percent for five days in a row. Plus, testing increased to more than 300,000 tests per day, and the number of new cases per day continued to decline significantly. Similar progress was seen on the economic front. Layoffs continued, but millions of people have started to return to work—one of the positive effects of the reopening process. Of course, risks remain, with a second wave of infections looming the largest. But the foundation of the economy is starting to be rebuilt. Given all of this good news, why are the financial markets starting to get nervous? Watch this video to learn more.
The Road To Recovery
Here is a timely Coronavirus video update from Brad McMillan, managing principal and chief investment officer at Commonwealth Financial Network, Our Registered Investment Adviser-broker/dealer. In this brief 6-minute video, McMillian discusses the health, economic and market impacts we can expect from this virus.
We found his comments to be reassuring on important questions like how long this virus might last, the impact on the economy and if this could lead to another 2008 type event. Check out the video at https://vimeo.com/channels/966267.
The Secure Act