The market has fallen one Fibonacci, we’re in correction territory. For those of us retired or close to retirement, who don’t have pensions — this can be scary. For the one percent, it’s a buying opportunity. As a member of the 99%, I have found that throwing my 401(k) statements directly in the fireplace is easiest on the nerves.

But I don’t really understand the market, and I am not a source of information on it, beyond being able to quote Goldman-Sachs which announced yesterday that if the market falls much more, it’s a true threat to the Orange Menace’s chances for re-election, so I’m cool with having to live on cat food.

The real problem, and one you need to be concerned with, is that the Chief Cheeto only cares about the market. And there is nothing he can do about it – the Fed needs to hold off as long as possible in dropping interest rates because they’re going to need that ability. They’ll get to zero and start quantitative easing again. The ONE AND ONLY THING over which the regime has power is to stop the flow of correct information relative to Covid-19 to endeavor to convince people that “everything’s okay”. Sadly for the cabal, “the market” isn’t that dumb.

There are, as of today, over 4,000 in California being monitored for Covid-19, 80 plus in Nassau County on the Island, and another 60 plus in Massachusetts. There are probably more elsewhere, they just haven’t made the press yet. Hopefully, the states will continue to put out information in their local papers so it will be possible to keep up with tracking, since the Feds are on lock down. That’s right, Mike Pence will make the decisions on what can and cannot be reported. MIKE PENCE! ARRGGHH.

So what can you do? You can read legitimate sources of information. Both the Post and the Times have updated timelines of the most recent information. Local papers, like the LA Times, the Boston Globe, the Chicago Tribune, etc. are great sources of local and regional data. You can read the South China Morning Post for solid data out of Asia, as well as Le Monde, The Guardian, The Jerusalem Post, Al Jazeera, etc. for country-by-country information. You can check the outbreak map here.

Knowledge is power.

Now — go wash your hands.