Sightline Conversations: The Impact of Trump’s COVID-19 Diagnosis
Many expected to see continued volatility following the news of U.S. President Donald Trump contracting COVID-19, but most major indexes have since rebounded and stabilized. In their latest conversation, Sightline’s Paul de Sousa and Warren Gerow reflect on how the Dow Jones historically reacts to presidential health shocks and the implications for markets today. Additionally, de Sousa and Gerow discuss:
- Last week’s jobs numbers, unemployment rate and which sectors were most impacted
- The potential for a targeted stimulus package in the U.S.
- The current state of gold and whether or not it is a good time to invest in the commodity
- The current monetary policy’s effects on specific asset classes
- Ways investors can stabilize their portfolios during this difficult period
- The pandemic’s irrevocable damage to funding ratios
Warren Gerow is an independent investment wealth consultant to Sightline Wealth Management.
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