SPECIAL Market Update March 10, 2020
Submitted by Corrigan Financial, Inc on March 14th, 2020Stocks took it on the chin Monday over an oil price war in addition to ongoing coronavirus concerns. The Dow Industrials dropped 7.8%, oil prices were down by 25%, and the yield on the 30-year Treasury bond fell below 1% for the first time ever. It was the Dow’s biggest plunge since the Great Recession, and the oil price decline was the worst since the 1991 Gulf War.
