Playbook for Investing Amid the Coronavirus

A recent article in Forbes compares the current investing backdrop to that of 9/11 and the financial crisis of 2008. Following are highlights from the article: Current situation versus 9/11: “From a stock market perspective, comparisons to 9/11 are not entirely apples-to-apples,” the article says, but adds that the level of fear and uncertainty “does have parallels with today’s fears of a microorganism about which we know little.” Today’s economy is significantly stronger than it… Read More

Former Fed Policy Makers Voice Concern About Next Crisis

A recent Bloomberg article reports that Ben Bernanke, Timothy Geithner and Henry Paulson “all voiced varying degrees of concern about America’s ability to combat another financial meltdown 10 years after they played prominent roles battling the last one.” According to the article, the trio believes that although the banking system is stronger than it was a decade ago, there are some “weak spots in the country’s crisis-fighting arsenal.” Here are some of their comments: Geithner:… Read More

Lessons on How to Prepare for an Unexpected Crisis

A recent Harvard Business Review article outlines findings from a five-year study of “unexpected crises in all sorts of organizations” and interviews with a wide range of professionals “who have discovered valuable lessons about how to prepare for the unexpected.” Some of the “lessons learned” include the following: Learn to stop. Managers, the study found, “need to foster norms that help people overcome the sense of defeat that comes from halting an ongoing process or… Read More