Despite medical, economic and social turmoil, the market rebounded in the 2nd quarter to the surprise of most investors. The recovery isn’t exactly what it seems; while the largest tech stocks posted gains, many other companies are still down double digits.
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Stephen: If you want to know what’s going on with the stock market and why it’s recovered so swiftly from the COVID-19 pandemic, then you’re going to want to watch the rest of this video.
If you’re worried about the stock market and you’ve been thinking about timing an exit from your investments soon, then you’re going to want to watch the rest of this video.
The outset of the 2020’s will be remembered for COVID-19, a global pandemic that shocked financial markets, the healthcare system, and our very way of life.
Stephen: If you’re thinking about investing money right now while the market is down, then you’re going to want to watch the rest of this video.
Impulsive moves could breed tomorrow’s regrets. When emotions and money intersect, the effects can be financially injurious. Emotions can cause us to overreact – or not act at all when we should.
Conventional wisdom says that what goes up, must come down. But even if you view market volatility as a normal occurrence, it can be tough to weather the storm when your money is at stake.
In this episode of The Smart Money Show Stephen Rischall, CFP® and Neal Frankle, CFP® discuss how the recent COVID-19 coronavirus outbreak is similar to other major health events and market shocks we’ve seen in the past.