Mellon's Reinhart: 'This is the downward part of the V; it's followed by the upward part'

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Money Life with Chuck Jaffe

Business


Vince Reinhart, chief economist and macro strategist at Mellon notes that pandemics run their course and that most effects of this kind of market shock tend to be temporary. He notes that investors are best served to 'Keep calm and carry on,' as he believes the current downturn ultimately will be matched with a rebound once the effects of coronavirus are near or at an end. ASlso on the show, Andy Morse of HighTower Advisors discusses how investors should react to circumstances like current conditions that they have never seen or experienced before, Steve Utkus of the Vanguard Group talks investor expectations, and Mike Liss of American Century Value covers value investing and whether the market's decline is creating bargains yet in the Market Call.