It won’t be confirmed for at least several months, but the U.S. is almost certainly heading into a recession. A little over a month ago, when the Covid-19 coronavirus first hit the headlines we, along with most economists, thought the nation could weather the storm if proper policies were quickly implemented and the outbreak contained before becoming a global pandemic that would invade American shores. Bolstering this optimistic assessment, the U.S. economy was riding high before the shock struck like a thunderbolt. The job market was humming, consumer confidence remained elevated and the financial markets were pricing in continued growth in activity and earnings, although at a diminishing pace. Indeed, stock prices hit a record high on February 19. March 2020 Economic and Financial Digest

Five Practices for Financial Safety
It is no secret that internet fraud is on the rise, and unfortunately, many seniors have found themselves socially isolated after the pandemic, making them