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Stock market, wealth, personal finance, value stocks, invest in your life.

Welcome to this episode of Money Tree Investing Podcast. This is Market Monday. This is a new segment we're going to throw in once in a while, just for our listeners, because we're getting a lot of requests from our listeners about what's going on the market what should I do I don't understand

you know what's this coronavirus so we thought we'd have a shorter version but just a little

quick chat about what's going on and what you should be looking at so we have one of a returning

panelists here today Tim Pachote. How you doing today, Tim?

Yeah, I'm doing good, Kirk. It's good to be back. And yeah, maybe we'll just come back every

Monday as the market melts down. But yeah, so much going on in the past week. So first I want to

start off by just giving a little lay of the land in terms of where people are today. So if you look at the performance so far this year, year-to-date performance,

and this depends obviously on the index and the indicators you're using, but if you look at

the S&Ps Brent crude index, it's down around 31%. That's a little shocker if you haven't been

following that. Another commodity actually is gold. Gold is actually up 10 and a quarter percent for the year,

which if you haven't been paying attention, gold's actually been doing pretty well. If you look at the

S&P, the S&P right now year to date is down around 8%. Now, obviously it's not off the high. Off the

high, it's down a lot more. But since January 2, it's been down around 8%.

You got the NASDAQ, which is down around 2.3%. And if you look at bonds, which is another shocker for a lot of people, a 10-year treasuries are up around 9 and a quarter percent. And the 30-year bonds are up around 23 percent. So if you're

not paying attention, the outliers here are the long bond and crude oil on the downside.

So, Tim, let's talk about this because I think there are a lot of people who really aren't

following the markets. They're following the news and the news is getting them all scared. But, you know, if you've been in the NASDAQ, you're kind of

right around break even. So how should people be looking at this? Yeah, first off, that's the news.

The news is job is to keep people scared because if they keep you scared, they can keep you watching

and listening and then that's good for their advertising. So, you know, I think a lot of your listeners are smart enough to realize this.

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