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Market Review March 2020

  • Robert Santarpia

As Covad-19 threatens the health and economic stability of the world, individuals and governments respond with unprecedented measures to protect their health and the economy. Social distancing measures aim to minimize damage, but there’s no denying the impact the first quarter of 2020 will take on the United States and the world. From a global pandemic to market ups and downs, here’s what the past month brought us.

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Market Review February 2020

  • Robert Santarpia

Coronavirus Outbreak Plunges Stocks in Worst Month since 2008

Without a doubt, February’s top story is the impact of the Coronavirus on U.S. and world markets. The impact of the virus on nearly every aspect of the financial world is not merely a shadow of the human toll the disease is taking as we do not know the how many are infected or the death rate. However, we know the response from governments and businesses alike has been to temporarily shut factories, cancel conferences and even close schools and universities for weeks at a time. The inevitable result will be slower business activity for at least the next few weeks.

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Market Review January 2020

  • Robert Santarpia

New York City Council Says the Future Still Involves Cash

A New York City Council vote made national headlines this month when they voted to ensure stores must accept cash. While personal banking has evolved to a digital landscape, The New York City Department of Consumer and Worker Protection says that some 11% of people do not bank online or at a bank at all.

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