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Hold onto your 401k, experts say coronavirus impact is ‘short term’

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ALTAMONTE SPRINGS, Fla. – Don’t panic: It’s Tuesday and the markets are buying and selling again. The DOW surged back more than 800 points at the open Tuesday in response to the Trump administration’s call for payroll cuts and other economic strategies.

Although specifics won’t be clear until a 5:30 p.m. EST news conference the notion that consumers will get additional financial stimulus provided some relief on the global markets.

U.S. Secretary of the Treasury Stephen Mnuchin indicated the White House was ready to make financial moves to shore up the economy. “The President is committed that whatever support we need to provide to the US economy, we will use all our tools, working very closely with the regulators," Mnuchin said. "The

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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