JR and his co-host Vanessa N. Martinez discuss the market drop that happened this week. We talk about our thoughts on why it’s happening, and what we think we can do to help along the way. Today, we are focusing in on the coronavirus scare and how that fear is driving the market.
Moving Markets is your solution for keeping up with the ever-changing financial markets. Navigating the economic landscape by interpreting news and market trends can seem daunting. JR Gondeck, Partner and Managing Director of The Lerner Group at HighTower Advisors, will help you cut through the noise and share his insights and many more.

Talking Points:
Coronavirus and how that has an effect on the market
What to watch for
How fear and headlines drive the market
What is the market doing now?
Thinking of what’s ahead
The FED in 2020

Resources/Links:
The Lerner Group at Hightower, website
Social Media Quotes
01:55 - “Times like this, it is important to just be patient and not overreact too much..” - JR Gondeck

02:14 - “This morning, you saw the big spike to a very high level which, generally, is a sign that the fear is getting close to a short-term bottom. Which tends to be a signal to look for in a turn in the market.” - JR Gondeck

14:11 - “I think that’s why our main focus, when we sit with families, is having to diversify a portfolio, especially in these times that allows some of that comfort, knowing that that income that they’ve asked for, the income that they know they need to live comfortably, is covered, regardless of the ups and downs of the market.” - Vanessa N. Martinez

13:34 - “In times like this, it’s nice to lean towards the cash flow of your portfolio to help fight through times like this.” - JR Gondeck

Ep. 2 A Perspective on the Sharp Market Decline