Northwest Florida Realtor

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Coronavirus and the stock market

The image above is from the CDC website I did a google search for public images Coronavirus. This is the description with the image

"Transmission electron microscopic image of an isolate from the first U.S. case of COVID-19, formerly known as 2019-nCoV. The spherical viral particles, colorized blue, contain cross-section through the viral genome, seen as black dots."

The newsroom image library is home to the images journalists request most often. These high-resolution, public domain images are ready to print in your publication."

This last 30 days you have seen the only time the dow has dropped multiple days by the largest ever point drops last week was a single day largest drop.  The drops are over 1,100 points each time the whole value of the Dow is currently 25,864 the high over the last 52 weeks is the highest closing record is 29,551.42 set on Feb. 12, 2020.

 

This weeks ups and downs

Monday was up 1294

Tuesday down 786

Wednesday up 1173

Thursday down 969

Friday down 256

 

If you ever watch CNBC you  likely wont have to watch all that long to get the basic point the investors at large funds firms want to invest in as stable a market as possible this market is not stable currently.

The other factor they talk about all the time it seems is the record low on bond prices and how everyone has moved a good part of their monies into cash by buying bonds.

This week also saw Jamie Diamond the head of the largest bank go in for surgery that was sudden on his heart, they have stated he is doing well.

Some of the largest companies in the country have come out with policies of workers all over the globe to stay at home and work from home companies like Microsoft, Google

They have this past week started to cancel large group gathering in the United States events like South by Southwest in Austin.

This week it was reported that a first victim in our area had the Coronavirus in Santa Rosa county and has sadly died.

There was a report from Northwest Florida daily that one of the passanagers from the Princess cruise has been on quarantine and just this week allowed to return home to Crestview.

I received an email from Northwest Florida daily that the expected first case reported in Okaloosa county was just received.

Here is a link to googles SOS reporting about the virus

https://g.co/kgs/FoJZCf

 

Brandon Jordan, Realtor,E-PRO,ERA American Real Estate

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Brandon Jordan
Sr Vice President
ERA American Real Estate
Cell- (850)-758-1236
Fax- (850)-682-9439
Buy A Florida Vacation Home.com

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Comment balloon 0 commentsBrandon Jordan • March 08 2020 05:16PM

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