Investment & Economic Strategy Update — March 10, 2020
In this video, Brian discusses the current state of the U.S. and world economy in relation to the novel coronavirus (covid-19), the volatility of the stock market over the last few weeks and whether or not the United States has a chance of a recession this year. Overall, the economy and businesses are strong but there is still a chance for more volatility throughout 2020. Brian also talks about the effects of the oil industry on market volatility after the major drop in oil prices due to the price war between Saudi Arabia and Russia. Bottom line… Market volatility is normal and new viruses happen on a regular basis… Don’t panic over media hype or let it scare you into bad, emotional investment decisions.