The recent Covid-19 pandemic has taken the whole world by surprise and the financial markets are beginning to feel the effects. After closing at a record high of $29,551.42 on February 12th, it opened March 30th at $21,678.22, dropping a staggering 26.6% in just over a little more than a month.
The threat of a Corona virus epidemic impacts more than simply our health; the potential outbreak has led to global economic uncertainty and has put markets in disarray.
Recently the unemployment rate in Canada (13.0%) and the United States (14.7%) has hit an all-time high since 1984.
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