The Fed made a rare, but not unprecedented intra-meeting rate cut of 0.50 percent (to a range of 1 - 1.25 percent) on March 3. In a unanimous decision, officials said despite an economy that remains strong “the coronavirus poses evolving risks to economic activity.”
Read MoreAt the conclusion of the worst week for stocks since the heart of the financial crisis, you may be forgiven for feeling a serious case of whiplash. After all, it was just a week and a half ago when the S&P 500 index reached a new all-time high. Now the S&P, the Dow, the NASDAQ and the Russell 2000 index of small stocks have all fallen more than 10 percent from their previous highs.
Read MoreTwo back-to-back, brutal days of stock selling, which wiped out more than $1.7 trillion in value from the S&P 500, has prompted me to dust off a post that I always have handy: an investor protection plan.
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