Join David Edwards, President of Heron Wealth, as he discusses what we know about the Coronavirus, what we know about how economies will be affected, and how the US stocks reacted previous crises.
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A client writes, "The talking heads have a million opinions and it seems as if no one has a clue!" Yup, that is the most succinct investment analysis we've seen all summer.
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By mid-October 2008, the bankruptcy of Lehman Brothers had morphed into a far more serious crisis. Bear Stearns was absorbed into JP Morgan in March 2008, Fannie Mae and Freddie Mac were effectively taken over by the US government in September 2008
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Exactly one year ago, the unexpected failure of Lehman Brothers set off a horrific 6 months for US and world securities markets.
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