Ralph Bender here, with Enduring Wealth Advisors, announcing a quarantine-special opportunity!
Yea, we’re all on lock-down!
Some days seem almost normal, but others feel like they’re out of control.
We’re not only protecting our families and each other, we’re navigating the extraordinary volatility in the markets.
During normal times, a 1% move in the markets is a big day.
In March, as officials began grasping the magnitude of the Corona Virus threat, the market moved an average of more than 5% daily.
That amount of volatility crushed the previous record, which stood for nearly a century at less than 4%!
American responses are equally historic.
Do you remember TARP, from the financial crisis? $475 Billion. And the government made money using it to buy up “toxic assets!”
The CARES act is the third bill this year addressing the pandemic. In this one bill, there are over $2 Trillion of stimulus. Congress is already negotiating the next stimulus package.
Over at the FED, dozens of new programs infuse liquidity, intended to assure the best possible recovery when we get to the other side.
Plato told us that Attention to health is life’s greatest hindrance.
During these crazy times, we want you to know that you can still drop in on us, and we want you to do it.
So, every business day, beginning at 4:00 Pacific, you can find at least one of us during our Zoom Open Hour.
The link to the Zoom meeting is on our website. Use your full name when joining the meeting.
Call us if you have any problems Zooming.
Think of it as an afternoon tea or happy hour with your friends at Enduring Wealth Advisors.
This is Ralph Bender and I’ve gotta run!
TRACKING # 1-980589