Description: Stocks plummeted Monday after being halted from trading soon after markets opened as investors weighed the deepening economic hit from the coronavirus pandemic and the Federal Reserve and other global central banks took emergency measures to prop up capital markets and liquidity. Chris Versace, Real Money contributor, joined TheStreet to weigh in on stocks to eye and his thoughts on whether or not we’re going to see a bottom in the market.
Date: Mar 16, 2020
Questions for discussion:
- Summarize the reasons for waiting.
- What indicators should longterm investors wait for before buying back into the market?