Every recession is different. The feeling people have of being overwhelmed by the circumstances surrounding the situation is the same. We know that there will be a vaccine to Covid-19 and the economy will recover. America is resilient. In this ColoradoBiz Magazine article, Kevin McNab explores fear, hope, and the markets in the age of Coronavirus.
As 2020 began, Americans were riding a wave of confidence with record-low unemployment and stock market highs. A new year brings a new start, hope and goals. America was humming along with businesses thriving, kids going to practices, cranes in the sky and a feeling that even better days lie ahead.
It was well into February when politicians and the media started to report on a virus impacting China and spreading throughout the world. Even at this point, concern was low. But by mid-March, Covid-19 ripped through America, markets dropped, and jobs were lost as fear gripped our country. Today, uncertainty and anxiety are running high. As author Emma Stone said, “Life is like the river, sometimes it sweeps you gently along and sometimes the rapids come out of nowhere.”…READ MORE!