Dealing With Volatility: What You Need to Know During the Coronavirus Crisis Part 2-Dealing With Volatility: What You Need to Know During the Coronavirus Crisis Part 2

Dealing With Volatility: What You Need to Know During the Coronavirus Crisis Part 2

Video Transcription

Video Summary

In this webinar, speakers Mike Ribich from Merrill Lynch and Joe Terranova from Virtus Investment Partners discuss the current market volatility and provide insights on what investors should know during this crisis. They emphasize the importance of staying the course and not trying to time the market. They also discuss the correlation between the current market decline and the Great Depression, noting that while there are similarities in the rapid decline, the underlying circumstances are different. They explain that the Great Depression was caused by the inaction of fiscal and monetary policymakers, whereas the current crisis is caused by a biological healthcare crisis. They discuss the role of the Federal Reserve in providing liquidity and stabilizing the markets, and they expect additional fiscal stimulus to be needed. They also highlight the opportunities for diversification and quality investments in the current market environment. Finally, they express optimism about the housing market and its potential for recovery.

Keywords

market volatility

investors

crisis

staying the course

Great Depression

Federal Reserve

fiscal stimulus

diversification

housing market