George Hosfield, Director and Chief Investment Officer, Ferguson Wellman, talks about the weekly wrap of the stock market for the week ending June 12, 2020.
George Hosfield, Director and Chief Investment Officer, Ferguson Wellman
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Joined money alert, in tonight's in tonight's money alert, we're joined by ferguson wellman chief investment officer, george hosfield.
George, thank you for joining us.
What should our viewers what should joining us.
Thank you for joining us.
What should our viewers know about the market right now?
1.
Our response to this week's market action, in particular thursday's dramatic sell-off?
Is this a preview of coming attractions?
2.
How does a possible surge in covid infections influence our market outlook?
3.
Unemployment claims this week of 20.9 million dwarf the pre-pandemic record of 6.6 million in 2009.
Are comparisons with the great depression realistic?
4.
How do we reconcile the dramatic contrast between weak economic data and a surging stock market?
5.
Has covid fad between weakraw we realistic?pression the grea9 million dwarf clmthis weekof 3.t outlook?fluence our covid infec?
This a previ of dramaticll-off??
The market know about ourviewer, sfield.geoe officer, investment office george hosfield.george, g tractions?
H does a possible sun vid infections influence our market