How Will the Coronavirus (COVID-19) Affect the Economy and Stock Market?
Manage episode 272804065 series 2793845
Ian Wyatt is the President of Wyatt Investment Research. He has been helping regular investors uncover hidden growth opportunities by beating the market and finding great investments at attractive prices. Ian has been actively investing in the stock market for the past 30 years. He's also spent more than 20 years publishing his investment ideas online to help fellow investors benefit from his successes and failures.
In this episode…The Coronavirus (COVID-19) pandemic has been spreading like wildfire across the globe and it is negatively impacting the global economy. It has not left a single stone unturned and while going on quarantine may stop the spread of the virus, it most likely won’t stop the economic pitfalls that are bound to happen if businesses stay closed for much longer.
According to Ian Wyatt, these are signs that the US economy is heading to a coronavirus recession. A number of people have started losing their investments, among them people who were getting ready for retirement. And so this raises the question: How will the Coronavirus (COVID-19) truly affect the US economy and stock market?
In this episode of The Daily Profit, Dr. Jeremy Weisz interviews Ian about the ongoing coronavirus pandemic and how it is affecting everyone and everything that the world knows as its reality. They talk about its impact on the economy, the risks and opportunities that people may want to look into despite the ongoing crisis, and how people can brace for the effects that this pandemic will have on people’s lives. Stay tuned.
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