April 21, 2020
PANDEMIC: Navigating troubled waters
By: Carl S. Bang, MBA, CFA, Chief Investment Officer at WorkOptional Private Wealth Management and Marc D. Langva, CFP®, Founder & CEO at WorkOptional Private Wealth Management
This article covers the economic impact, market reaction and investment implications of the market today.
I would like to discuss the effects of the pandemic in terms of economic impact, how governments, central banks and markets have reacted as well as investment implications for managing wealth in this environment. Let’s take a look at the economic impact of closing down. This has led to the largest economic contraction and unemployment since the great depression.