COVID-19 Update

May 6, 2020 – In this video, Steve and John give an update about the economic impact COVID-19 and the shutdowns have had so far and what markets have done recently. They also discuss what we can potentially expect as the year progresses and states continue to slowly open back up.

This has been a challenging time for us all, but we’ll make it through this as we have every other crisis in our nation’s past. Stay safe, wash your hands, and please let us know whenever you have any questions we can answer for you.

Each week, catch a new episode of our MoneyMD Podcast where we discuss topics like the economic impact COVID-19 among all sorts of other topics. New episodes release every Friday at 9:00 a.m. both online and wherever you get your podcasts.


As a reminder, what markets have done in the past isn’t a guarantee of how they’re going to act in the future. Similarly, our discussion of the market obviously involves forward-looking statements, but these aren’t meant to be predictions of the future – they’re just our opinions. As we talk about, we see some positive indicators that give us hope about how things may shape up later in the year, but only time will tell how everything resolves.