After 11 long years and countless satisfied 401(k)s, the longest-ever bull market in stocks has ended (at least for the Dow). Investors, ravaged by coronavirus fears and unsure of who should step in when, are licking wounds and reevaluating allocations.
But what’s actually happening beneath all the doomsday headlines and major S&P 500 point losses? When will all this no good very bad sentiment hit the economy? And is a recession on the way?
We’ve got the answers. In this special episode of Business Casual, host and recovering markets reporter Kinsey Grant talks with expert financial adviser Downtown Josh Brown to get to the bottom of how the coronavirus is impacting markets...and what you can do about it.
FYI: We recorded this episode midday Wednesday. Before the Dow technically fell into bear territory. And President Trump restricted travel from Europe for 30 days. And the NBA suspended its season. And Tom Hanks announced he tested positive for coronavirus. News comes at you fast.
Listen now for a more informed conversation.