Coronavirus is slamming markets. What's an investor to do?
With the markets continuing to take a hard fall on Thursday and the record-setting bull run now a thing of the past, the average investor with a nest egg tied up in a 401(k) might feel powerless to stanch the blood-letting. In many cases, sitting tight amid the mayhem and stock market gyrations is the best approach, though some believe there could be steps an investor can take to limit the damage.
The Times spoke to several Los Angeles area investment advisers and market observers for their views on the markets:
_Komal Sri-Kumar, president, Sri-Kumar Global Strategies, Santa Monica, Calif.
Sri-Kumar is a prominent macroeconomist who advises multinational firms and sovereign wealth funds on global risk and opportunities.
Put Sri-Kumar in the camp of "you are going to have to wait this one out," though the decline in prices also presents an opportunity for
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