{"id":324,"date":"2020-04-06T00:00:00","date_gmt":"2020-04-06T00:00:00","guid":{"rendered":"https:\/\/www.retirementrefined.com\/index.php\/2020\/04\/06\/our-new-normal\/"},"modified":"2020-04-06T00:00:00","modified_gmt":"2020-04-06T00:00:00","slug":"our-new-normal","status":"publish","type":"post","link":"https:\/\/www.retirementrefined.com\/our-new-normal","title":{"rendered":"Our New &#8220;Normal&#8221;&#8230;"},"content":{"rendered":"<p>Practically all of us have been impacted in one way or another over the last month.\u00a0 We ARE certainly in this together.\u00a0 <strong>Hang in there, as we WILL get through this!<\/strong><\/p>\n<p>What is now being highly debated?:<\/p>\n<ul>\n<li><em>When will new cases and deaths from this virus peak then drop?<\/em><\/li>\n<li><em>Will there be a re-occurrence of new cases after the drop?<\/em><\/li>\n<li><em>When will we be able to resume life as normal?<\/em><\/li>\n<li><em>What will be the process of resuming life as normal?<\/em><\/li>\n<li><em>How will business survive the \u201clack of business\u201d?<\/em><\/li>\n<li><em>How will this impact the stock, bond, real estate and other markets?<\/em><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><strong>Life Back to Normal, When?<\/strong><\/p>\n<p>We\u2019ve heard on the optimistic side, mid-April and on the pessimistic side, late fall.\u00a0 This is incredibly important, economically speaking.\u00a0 As the Government, thankfully appears willing and able to assist, there is only so much that can be done for small businesses who actually employ a significant number of workers.<\/p>\n<p><img decoding=\"async\" class=\"alignleft  wp-image-3862\" src=\"https:\/\/www.retirementrefined.com\/wp-content\/uploads\/2022\/01\/shutterstock_630432101-300x300.jpg\" alt=\"\" width=\"212\" height=\"212\" \/>If we\u2019re closer to the optimistic side, I\u2019m thinking most businesses survive and will begin to hire and rebuild as we progress back to <strong>our new normalcy<\/strong>.<\/p>\n<p>If we\u2019re closer to late fall, I\u2019m thinking several businesses will not survive and be forced into bankruptcy.\u00a0 This will certainly slow any type of economic recovery.<\/p>\n<p>As of now, I\u2019m leaning and hoping by mid to late May we are able to start resuming many activities.\u00a0 By this time, individuals and families should have received their first stimulus checks and many people will be receiving very high unemployment benefits.<\/p>\n<p style=\"text-align: center;\"><strong>Market is thinking positive, for now!<\/strong><\/p>\n<p>Certainly the \u201cmarket\u201d itself does not think, however investor sentiment influences trading which of course impacts stock and bond pricing.<\/p>\n<p>As of this writing, late Monday morning, the market is trading up over 4%.\u00a0 The thinking is between the stimulus, monetary policy and the belief we\u2019ll control this virus, the economy will recover and this will be viewed as an awful short-term historical event.<\/p>\n<p>Last Friday we heard the monthly jobs report, where we shed over 700,000 jobs.\u00a0 The <strong>really not<\/strong> <strong>so good news<\/strong> is the report cuts off in mid-March.\u00a0 The last 2 weeks of March are not included and will roll into the employment report for May, which should be a very large number.<img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-3864 alignright\" src=\"https:\/\/www.retirementrefined.com\/wp-content\/uploads\/2022\/01\/shutterstock_1658501806-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" \/><\/p>\n<p><strong>On a positive note, the market only went down a couple percents\u00a0 last week&#8230;&#8230;<\/strong>\u00a0I know that sounds a bit crazy, however with the awful economic news announced and the predictions by many suggesting the economic data to be reported going forward is going to be \u201ceye-popping\u201d awful, the market in my opinion for now, is looking 6 months out, with an optimistic view.<\/p>\n<p>I do not believe the markets will move straight up.\u00a0 I think a lot of back and forth will occur until we understand the process of getting back to normal, which will determine which industries will move forward 1<sup>st<\/sup>, 2<sup>nd<\/sup> and so forth&#8230;, with some industries perhaps altered forever.\u00a0 These large moves will provide investors the opportunity to position portfolios as appropriate.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>Personal Impact<\/strong><\/p>\n<p>My personal and business situation is only a microcosm of the global impact.<\/p>\n<p>My mom has been battling cancer for 7 months and is doing as best as can be expected.\u00a0 Typically my 3 cousins, her neighbors, and I would stop by her home very frequently.\u00a0 She had a visitor just about daily.\u00a0 Now with the virus situation, only a couple of us are able to visit.\u00a0 When mom goes for treatment or to visit one of her medical appointments, no one is allowed in with her.<\/p>\n<p>My assistant\u2019s day care center closed, as ordered.\u00a0 This means Ellen either has to work from home or bring her daughter into the office.\u00a0 Certainly not awful, however requires significant adjustment.<\/p>\n<p>My son-in-law\u2019s business is practically at a stand-still, not to any fault of his own.<\/p>\n<p>Several business owner clients have absolutely no revenue coming in, with no sign of when this situation will truly be over.<\/p>\n<p>I received a call from a client whose daughter-in-law was diagnosed with cancer last week.\u00a0 Neither her husband nor relatives can be with her while she\u2019s in the hospital.\u00a0 That is so incredibly sad!!\u00a0 Brought immediate tears to my eyes!!<\/p>\n<p>Many people either have already, or will be negatively impacted far greater than I.\u00a0 My empathy goes out to all impacted.<\/p>\n<p style=\"text-align: center;\"><strong>Where Do We Go?<\/strong><\/p>\n<p>If you know me well, you know I\u2019m a very optimistic person, however very realistic.\u00a0 It <em>IS<\/em> my belief we WILL get through this.\u00a0 The journey however, is filled with unknown challenges.\u00a0 I believe we live in the greatest country in the world, where our ingenuity and capitalistic nature will prevail in leading us back to a growing economy!<\/p>\n<p><img decoding=\"async\" class=\" wp-image-3860 aligncenter\" src=\"https:\/\/www.retirementrefined.com\/wp-content\/uploads\/2022\/01\/5d7452fac0ecefb687abc3df2e2004c9-214x300.jpg\" alt=\"\" width=\"252\" height=\"353\" \/><\/p>\n<p class=\"p4\">\n","protected":false},"excerpt":{"rendered":"<p>Practically all of us have been impacted in one way or another over the last month.\u00a0 We ARE certainly in this together.\u00a0 Hang in there, as we WILL get through this! What is now being highly debated?: When will new cases and deaths from this virus peak then drop? Will there be a re-occurrence of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":326,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"post_statement":"","post_description":"","post_cta":"","post_button":"Read More","post_button_url":"","compliance_id":"","post_disclaimer":"","footnotes":""},"categories":[29,10,7,9,25],"tags":[],"_links":{"self":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/posts\/324"}],"collection":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/comments?post=324"}],"version-history":[{"count":0,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/posts\/324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/media\/326"}],"wp:attachment":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/media?parent=324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/categories?post=324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/tags?post=324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}