Dealing With Volatility: What You Need to Know During the Coronavirus Crisis Part 1-Dealing With Volatility: What You Need to Know During the Coronavirus Crisis Part 1

Dealing With Volatility: What You Need to Know During the Coronavirus Crisis Part 1

Video Transcription

Video Summary

In this webinar on market volatility, Mike Rivitch and Mark Sullivan from Merrill Lynch and Paul Pezza from PIMCO discussed the current market environment and the effects of the COVID-19 outbreak. They highlighted the historic and rapid declines in the financial markets, the potential economic effects of the outbreak, and the policy responses from governments and central banks. They also discussed investor sentiment and provided guidance on portfolio diversification and higher-quality assets. They emphasized the importance of staying invested in the markets and having a long-term investment strategy, as well as taking advantage of tax-loss selling opportunities in volatile times. They mentioned that the Fed's response and stimulus measures have helped stabilize liquidity and credit markets. Regarding the strength of the dollar, they anticipate a weakening as the effects of monetary and fiscal stimulus take hold. Overall, they acknowledged the uncertainty and challenges brought on by the current environment, but expressed confidence in the resilience of the US economy.

Keywords

market volatility

COVID-19 outbreak

financial markets

economic effects

policy responses

investor sentiment

portfolio diversification

long-term investment strategy

tax-loss selling opportunities

US economy