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Coronavirus Infects Stock Market: Part XIII

March 11, 2020 By E.J. Smith - Your Survival Guy

By Lightspring @ Shutterstock.com

“De-densify.” That’s the word Harvard is using to describe its efforts to move people out of dorms and send them home. CNN’s Carma Hassan and Brian Ries report:

Harvard University is moving to virtual classes because of the novel coronavirus outbreak and the university is asking students to move out of their dorms in five days, according to university spokeswoman Rachael Dane.

“Harvard College students have been asked to move out of their Houses and First-Year Dorms by Sunday, March 15, in an effort to de-densify our community,” Dane told CNN in an email.

All academic courses will continue to be held remotely, she added. Harvard spokesman Jason Newton said any meetings on campus after March 23 will be virtual.

Harvard President Lawrence Bacow announced earlier on Tuesday that the university will transition to online classes by March 23, the first day of classes after spring break, due to challenges posed by the coronavirus.

Students were asked to not to return to Harvard’s campus in Cambridge, Massachusetts, after spring break “to protect the health” of the community. Students who need to remain on campus will attend classes remotely and should prepare for severely limited activities on campus, according to the university.

“The goal of these changes is to minimize the need to gather in large groups and spend prolonged time in close proximity with each other in spaces such as classrooms, dining halls, and residential buildings,” Bacow said in a statement.

For years you’ve read here that you should “de-densify” yourself. Move to the country, escape the city, or even flee the big cities.

People’s violent reactions to the fear of coronavirus, both in supermarkets and stock markets, are a tell-tale sign that they weren’t prepared enough for the risks they might face.

Despite the turmoil in markets and the media, there’s never a better time to reassess your level of risk than right now.

Read my entire series, Coronavirus Infects Stock Market here.

Originally posted on Your Survival Guy. 

Related Posts

  • Coronavirus Infects Stock Market
  • Coronavirus Infects Stock Market: XII
  • Coronavirus Infects Stock Market: Part II
  • Coronavirus Infects Stock Market: Part X
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E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

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