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After eight months of steady gains, stock market volatility has again rocked investors this week, with a global sell-off triggered by the prospect of slower global economic growth and rising bond yields. The S&P 500 fell nearly 7% in six days, bringing the index down to levels last seen in July.When stock markets tremble, the advice from financial advisors is simple: Stick to your investment plan.That’s easier said than done. If your financial house is on fire, you want to fight the flames or flee as surely as if your actual home were ablaze, behavioral finance experts say. To stand back, watch and periodically throw more money on the bonfire is tough even for the most seasoned investor, let alone your average 401(k) holder.“You’d think that a high-net-worth individual is more sophisticated, that they are not going to panic like an investor with ,000 at stake? Not true,” says David Thomas Jr., founder and chief executive officer of Equitas Capital Advisors in New Orleans.Still, Thomas says, “You can be smarter than your emotions, but that’s an acquired skill.”Here are some ways to sidestep the natural emotional triggers that can be costly during the next market correction or crash. 1220
ALPINE, Calif. (KGTV) - The Alpine Union School District has become one of the first local school districts to begin mandatory testing for all staff members.In partnership with Cal Fire, the pre-K to 8 school district rolled out drive-thru COVID-19 testing on Wednesday."The number that came out was beyond what we expected. It was a steady flow of staff all day long," said District Superintendent Rich Newman.So far, 65% of all staff -- about 130 employees -- have gotten a test, with results due back within two to five days."We’ve gone one step beyond most districts," said Newman.Newman says while the state requires districts test half their staff every month during in-person learning, his school district expects to test all of its staff every month. The drive-thru testing events will be held every two weeks."We want to make sure we can stay open for our students," said Newman.The testing is one component of a detailed in-school learning plan, which includes plexiglass dividers on every student desk and a thorough cleaning regimen."I had a meeting with the principals and it was very emotional, because they felt all the hard work paid off," said Newman.As for the testing, Newman says the response from parents and staff has been positive."The number one response from staff has been 'Thank you for setting this up quickly,'" said Newman.Newman hopes the testing track down asymptomatic cases and provide some peace of mind."If our staff feels safe, healthy, and taken care of, they can focus on teaching and learning with our students," said Newman.Newman says each class has assigned restrooms and outdoor spaces that will help officials with tracing if an outbreak should develop. 1706
According to a database kept by Johns Hopkins, at least 3 million people in the United States are confirmed to have contracted the novel coronavirus since the pandemic reached the country earlier this year.The U.S. surpassed the grim milestone on Wednesday morning. According to the database, more than 131,000 Americans have died of the virus.The U.S. passed the milestone as cases of COVID-19 continue to spike across the country, particularly in southern states. Late June and early July have seen some of the highest daily totals of newly confirmed COVID-19 infections since the pandemic began. Arizona, California, Florida and Texas have seen massive spikes in recent weeks before dropping in recent days — likely due to lack of reporting over the Fourth of July holiday.Hospitalizations linked to the virus across the county have risen slightly in recent weeks and have spiked in states where the virus appears to be spreading quickly.Several states have either paused or rolled back steps to reopen businesses following lockdown-related restrictions in response to rising case numbers. A number of states and cities have also introduced ordinances requiring masks in public places.The U.S. also continues to be among the world leaders in cases per 100,000 people. Only Chile and Peru rank higher, according to Johns Hopkins. U.S. cases account for more than a quarter of all worldwide cases. Around the world, nearly 12 million people have contracted the virus and about 540,000 have died.The U.S.'s total number of cases is almost double that of Brazil — the country with the second-most confirmed cases of the virus. 1634
After former New Jersey Gov. Chris Christie’s stay in the hospital, Christie told the New York Times on Thursday he was “wrong” not to wear a mask inside the White House before becoming infected with the coronavirus.Christie, President Donald Trump, and a number of others who had contact with Trump and his staff, tested positive for the coronavirus several weeks ago. Christie spent nearly a week in the hospital, and he told the New York Times he was in the intensive care unit.Christie, who has since been released from the hospital and is recovering, expressed regret for his actions inside of the White House. Christie was among a group of GOP advisers helping Trump with preparing for the Sept. 30 debate.“I believed when I entered the White House grounds, that I had entered a safe zone, due to the testing that I and many others underwent every day,” Christie said in the statement to the New York Times. “I was wrong. I was wrong not to wear a mask at the Amy Coney Barrett announcement and I was wrong not to wear a mask at my multiple debate prep sessions with the president and the rest of the team."Christie said that the public should take the virus seriously.“I hope that my experience shows my fellow citizens that you should follow CDC guidelines in public no matter where you are and wear a mask to protect yourself and others,” he told the Times.Kellyanne Conway, who also was on Trump’s debate prep team, tested positive for the coronavirus.A contingent of others who attended Barrett’s nomination ceremony tested positive for the virus, including three US senators, Notre Dame President John Jenkins, and an unnamed White House journalist.The virus also reached others in the presidential family, with both first lady Melania Trump and son Barron Trump testing positive. Other aides, including Kayleigh McEnany, Hope Hicks, and Stephen Miller, also confirmed they tested positive for the virus.While Christie came to terms with the seriousness of his infection, Trump has largely brushed off his ailment. Trump was rushed to the hospital by Marine One on October 2, and he stayed there for nearly 72 hours. Presidential physician Dr. Sean Conley released multiple statements downplaying Trump’s prognosis, only for Conley to later reveal more serious details of Trump’s diagnosis.It was learned in the days following Trump’s positive coronavirus test that he ran a significantly high fever and needed supplemental oxygen.Following his 10-day isolation period, Trump immediately held a public event at the White House, inviting hundreds of people who sat shoulder to shoulder, many of whom without masks. He then has been holding rallies on a daily basis since Monday.Dr. Anthony Fauci said that holding such events is risky."I think the — the data speaks for themselves," Fauci to CBS News about wearing masks. "We had a super-spreader event in the White House and it was in a situation where people were crowded together and were not wearing masks. So the data speak for themselves." 3014
AMC Theatres will reopen around 450 of its U.S. theaters in mid-July as part of a phased reopening following what its CEO called a “painful” hiatus due to the COVID-19 pandemic.The Leawood-based chain’s first theaters will reopen on July 15, followed by its remaining 150 U.S. locations in time for the release of “Mulan” on July 24 and “Tenet” on July 31, according to a news release.AMC Theatres, already struggling before the pandemic, reported a nearly .2 billion loss for the first quarter of the year after it shuttered theaters worldwide.“After a painful almost four-month hiatus due to the coronavirus, we are delighted to announce that movies are coming back to the big screen at AMC,” AMC President and CEO Adam Aron said in the news release. “…I cannot emphasize enough how much care and attention to detail we have taken in developing AMC Safe and Clean, our absolute commitment to optimizing the health and safety of our theaters for our guests and associates.”Theaters will reopen with reduced seating capacity to encourage social distancing, along with increased cleaning, contactless ticketing, and mobile food and beverage orders.AMC said it expects different versions of seating limits in theaters to be in place until Thanksgiving, though it also acknowledged that those plans could change depending on local and regional health conditions.All theater employees will be required to wear masks. Initially, the company said masks would only be a requirement for guests in jurisdictions that require people to wear them in public.After facing scrutiny for the decision, which Aron told Variety was made because the company did "not want to be drawn into a political controversy," AMC reversed course on Friday and said masks would be a requirement for guests in all of its theaters."At AMC Theatres, we think it is absolutely crucial that we listen to our guests," a news release on Friday said. "Accordingly, and with the full support of our scientific advisors, we are reversing course and are changing our guest mask policy."Masks will be sold for at all locations for those who do not have one or forget to bring one. Those who are not willing to wear masks will not be admitted or allowed to stay, AMC said Friday.KSBH was the first to report this story. 2288