Paul, Jonathan, and Ira discuss a variety of topics, including problems with debt and unemployment. They end by covering a Wall Street Journal article, “The Bearer of Good Coronavirus News.” What successful industry’s stocks have dropped by 50% on average recently? And which financial companies are doing well? How much can someone currently gain through unemployment? And how does that affect businesses with unskilled labor? Listen to find out. Seeking to avoid financial mistakes during the downturn? Learn from Paul through a free webinar, available at www.paulwinkler.com/webinar. This is hour 1/3 recorded on April 25, 2020.
The Media Is Telling Us That the Market Had a Rough Month, but Did It?
The DOW dropped 500 points in April. This also happened in 1987. The difference is that in 1987, this was a 22.6%