4.6 • 1.8K Ratings
🗓️ 20 March 2020
⏱️ 8 minutes
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0:00.0 | Welcome to the Jill on Money Coronavirus Market Update. It is Friday. |
0:09.2 | Oh, thank God the week is over. It has been a long one. So we are recording this on March 19th. It will be live in your |
0:19.7 | feed on Friday the 20th, and you'll be happy to know that yes we do stop trading on the |
0:26.6 | weekends thank goodness so a momentous week thankfully today Thursday not a huge day. |
0:33.4 | It was bouncing around, markets were a little crazy, |
0:36.0 | there wasn't a lot of action out of DC, |
0:38.3 | just a lot of talk of what the government |
0:40.5 | and the president want to do for the phase three of this financial aid |
0:46.0 | package to the nation. We don't have details yet, maybe tomorrow, maybe today, |
0:50.9 | maybe next week, we don't know, but when we have details I'll let you know |
0:54.8 | but through Thursdays closed the news was better at least the S&P and Dow up just |
1:01.4 | a bit about a half to 1% the NASDAQ gaining some ground over 2% but it was |
1:06.6 | it was a bouncer day than those final numbers would indicate but who cares it's |
1:11.2 | over and that's how I'm feeling these days let these days end so if you've got a financial |
1:16.4 | question specifically because there's something going on in your life you know during this time where it requires a big decision fast, send us an email. |
1:25.2 | Ask Jill at Jill onmoney.com. |
1:28.0 | Alicia writes, hi Jill, my sons are currently in college. They're finishing their |
1:32.2 | second year. |
1:33.0 | Should we refinance their loans with the decreased prime rate? |
1:38.0 | Thank you. |
1:39.0 | This is interesting. |
1:40.0 | I don't know if you mean federal loans or you mean private loans because federal loans are |
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