How Long Is This Economic Lockdown Going To Last? What's Next For the Stock Market And The Economy? Today I welcome Loren Bailey Private Wealth Manager from Manhattan office of Client First Capital to give his opinion on what is next for the US economy and the stock market. He and I do not necessarily agree and there is nothing wrong with that. He brings up four or five points that I had not considered and offers some sage advice based on his years of Wall Street experience on how we might navigate this crisis. As we begin to get into earning season the numbers we are going to hear for companies are not an necessarily an accurate reflection of what is going on in the economy right now. They are in fact a trailing indicator telling us how profitable companies were in the first quarter of 2020 before the threat COVID-19 precipitated a market crash and a partial economic shutdown. Loren offers some valuable insight on how the markets might have reacted to news on the coronavirus and economics numbers. Contact Loren Bailey: loren@clientfirstcap.com
Contact Jason: jason@advizedge.com
This commentary in this video reflects the personal opinions, viewpoints and analyses of the Client First Capital, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by Client First Capital, LLC or performance returns of any Client First Capital, LLC Investments client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this video constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Client First Capital, LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.
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