Ken Fisher answers, If the Coronavirus Will Lead to an Economic Depression

Many are speculating about the future of the economy in light of COVID-19-induced shutdowns. In this video, Ken Fisher explains what is important to focus on when trying to determine the severity of the current economic downturn.

According to Ken Fisher, the length of these unprecedented government and institutional shutdowns will determine the length and severity of the downturn. This is because the longer businesses remain closed, the more problems will arise, leaving the economy with more to fix before it can get back on track.

This is not to say that once the economy opens back up that it will do so seamlessly. Over the next few weeks, we will likely see some states start to loosen restrictions and open back up. During this time it’s important to monitor how the virus responds in these states and how the public reacts to the virus.

As always, stocks will be looking further ahead during this period. If stocks continue to rise while states are starting to ease their restrictions, Ken Fisher thinks we likely won’t see as steep of an economic decline from here. On the opposite side of the spectrum, if stocks start to head back down and test new lows, that’s a good indicator the economy will be worse ahead.

If you would like to learn more of Ken Fisher’s and Fisher Investments’ thoughts on the current environment and where markets will go from here, visit us at https://www.fisherinvestments.com/en-us/insights/coronavirus.

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Видео Ken Fisher answers, If the Coronavirus Will Lead to an Economic Depression канала Fisher Investments