Dr. Gene didn’t know it would be Coronavirus, but he knew it would be something. That’s why he has 10 years of liquidity in his portfolio. If you were a client of ours, you would too.
History doesn’t repeat itself, but it often rhymes. Putting current market volatility into historical perspective can help you stay the course during turbulent times.
We look at the inevitable: an economic slowdown, and what we don’t know: the economic impact of the Coronavirus outbreak.
Monday’s market action started mixed as investors awaited news on a trade deal, but at the end of the day, the major indices all closed lower. Investors continued searching for news on U.S.-China negotiations on Tuesday, but by the end of the day the major averages closed down once again. Midweek, stocks edged higher as…