NEW THIS WEEK:
When economies started shutting down in various parts of the world we all knew that the economic numbers would be bad. How could they not be? We are just now getting some measure of the initial damage in terms of unemployment, business activity, and earnings.
For some longer-term perspective on the economic and financial damage we are experiencing and some investment guidance I reached out to a trusted source for some advice. Nick Sargen, now Senior Economic Advisor at Fort Washington Investment Advisors, who has 50 years of experience as an international economist and global money manager. He is also the author of two timely books, Global Shocks: An Investment Guide for Turbulent Markets and Investing in the Trump Era: How Economic Policies Impact Financial Markets.
A student of financial crises, Nick’s thoughtful and knowledgeable assessment of the state of the economy and markets and his advice for investors is definitely worth hearing.
Listen to the audio only version here:
Global Shocks: An Investment Guide for Turbulent Markets
Investing in the Trump Era: How Economic Policies Impact Financial Markets
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WEALTHTRACK mission is to help our audience build financial security to last a lifetime. That goal is being severely tested during this global pandemic as our health, livelihoods, and portfolios are being challenged. If there was ever a time when a cash cushion was needed this is it. The value of cash has been a long-time theme of exclusive WEALTHTRACK guest Robert Kessler which is why we are revisiting our recent interview with him this week. You can watch it here.