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You are here: Home / Domain Names / Will Coronavirus Create Pandemic Volatility and Effect The Domain Name Industry?

Will Coronavirus Create Pandemic Volatility and Effect The Domain Name Industry?

February 27, 2020 By John Colascione Leave a Comment

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PALM BEACH, FL – According to the CDC, the corona virus, now known as COVID-19, is expected to create a pandemic in the United States very soon. There are already cases in the Boston area which are being closely monitored with some people in quarantine. California has also seen its first case at the LAX airport. 

It’s not so much a question of if this will happen anymore but rather more a question of exactly when this will happen and how many people in this country will have severe illness,” Dr. Nancy Messonnier, the head of the National Center for Immunization and Respiratory Diseases at the Centers for Disease Control and Prevention, said during a media briefing Tuesday.

So far, ICANN cancelled its ICANN 67 meeting in Cancun Mexico, scheduled for March 7 to March 12, saying that it would hold its “First-Ever Remote Public Meeting” Rick Schwartz’s has postponed his next Asheville North Carolina domain meet up saying that it would be delayed indefinitely due to concerns about the Coronavirus.

BREAKING!!

I was supposed to sign the contract w/ The Grove Park Inn TODAY for the #AshevilleMeetup

I can't in good conscience ask folks to buy tickets as #coronavirus is still unfolding etc.

I am delaying the meetup indefinitely until more is known. #Domains #Asheville pic.twitter.com/FpCbBOmFaa

— Rick Schwartz 👑 The DomainKing® 👑 Since 1995 (@DomainKing) February 24, 2020

Stocks continue to plunge with the Dow Jones Index logging its largest reversal in two years. 

We will see community spread in this country,” Nancy Messonnier, a top official at the Centers for Disease Control and Prevention, told reporters.

So what’s next for the domain industry based on the growing concern for the corona virus? Probably no big events will be planned at this time, and there could be a slow down in activity while things work themselves out.

Looking at financial advisers for those into stocks, they have urged clients to avoid “reacting negatively to the market dip” telling clients to just sit tight until the market recovers.

John Colascione
John Colascione

About The Author: John Colascione is Chief Executive Officer of Internet Marketing Services Inc. He specializes in Website Monetization, is a Google AdWords Certified Professional, authored a ‘how to’ book called ”Mastering Your Website‘, and is a key player in several Internet related businesses through his search engine strategy brand Searchen Networks®

Filed Under: Domain Names Tagged With: Asheville, Boston, California, CDC, Centers for Disease Control, Coronavirus, COVID-19, Domain, Domain Industry, Domain Name, Domain Names, Domains, ICANN, Immunization, LAX, North Carolina, Remote, Remotely, Rick Schwartz, United States

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by: John Colascione

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John Colascione is Chief Executive of Internet Marketing Services Inc. He specializes in Website Monetization, authored a book called Mastering Your Website, and is a key player in several Internet businesses through his brand SEARCHEN®

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