Welcome to the Jill on Money Coronavirus Market Update.

Okay guys, this is when we just talk you off the ledge. It's Sunday and tonight at 8 p.m. New York State is going

on semi-lockdown essentially trying to get about three quarters of New York

States population to stay in their homes unless they have to go out to shop for food or get stuff from the drugstore.

This will be day one of captivity here in New York. They started it in California.

Boy, these big population areas, this is what's happening.

And unfortunately, the thing that might be really good at controlling the virus is not very good

for the economy.

And so over the weekend, what I've been doing is reading all

these downbeat assessments of where various analysts think we are in the economic

cycle and if you want to read up on that just go to the website

Jill on money.com click on the read button at the top and you'll see my latest and

greatest may not be great but it's kind of a bummer actually but anyway check it out

all right so we want to answer your questions if you've got a question just let us know all you have to do send us an email ask Jill at Jill on money.com or go to our website

Jill on money.com and boom what do we? We've got a little contact button.

Okay, Elizabeth writes, tell us why the stock market is not shut down.

I suppose all major countries would need to do the same. Isn't this a time to take such

action? Why? What would it do? Then there would just

be pent up selling. I'm very against curtailing hours or any minuteian had said that. I think

that's a terrible idea because you've got to let the people go and sell shares.

You can't prevent it.

People are freaked out.

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