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March 17, 2020

COVID-19 Economic Update: 3/17/20

It doesn’t feel that way now, but history suggests we’ll recover. Let’s walk through it together. By Freedman Financial

When word of the coronavirus emerged from China in early January, we had no idea of the seismic impact it would have on our globe.

Today, in Massachusetts, schools, retails stores, and restaurants are closed. Entertainment venues are empty, and life-cycle celebrations are on hold. How quickly the world has changed. (Hopefully it’s only for a short time).

For investors, the impact to portfolios has been dramatic. While history suggests that we will recover from this pull-back, it nevertheless leads to anxiety, uncertainty, misinformation, and speculation. Let us walk you through it.

DISCLOSURES:
Your hosts Marc Freedman and Marion Gilman may discuss specific financial planning and investment ideas. These discussions are for general information only and are not intended to provide specific advice or recommendations.

Financial Planning and Investment advice is offered through Freedman Financial, an SEC Registered Investment Advisor located in Peabody, Massachusetts. Securities are offered through LPL Financial, a Member of FINRA and SIPC. Freedman Financial is a separate entity from LPL Financial.

Investing involves risk, including loss of principal.

Always consult a Certified Financial Planner professional, qualified attorney or tax advisor prior to investing to determine what is appropriate for you.

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More more updates from Freedman Financial on this unprecedented time, visit ECONOMIC UPDATE: COVID-19. #StaySafe

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