Why the Markets Do What They Do
The uncertainty surrounding the COVID-19 pandemic has resulted in a highly unstable market. Jonathan Lapine of W3 Wealth Management in Warren says the uncertainty has created some of the fastest moving markets we’ve ever seen.
“From March 9-18 we had eight consecutive market days of 5% or greater swings,” Lapine says. “A good rule of thumb is that markets hate uncertainty even more than they hate bad news.”
In this episode of The Cautious Investor, Lapine dissects the coronavirus uncertainty and three other factors that have contributed to the turbulence in the market. To learn more, watch the video above.
Copyright 2020 The Business Journal, Youngstown, Ohio.