Lowell on CNBC: The Coronavirus and the Market Sell-Off
Chief Investment Officer Jim Lowell appeared on CNBC with a look at what this week’s market sell-off portends for investors. After a banner 2019, more volatilityA measure of how large the changes in an asset’s price are. The more volatile an asset, the more likely that its price will experience sharp rises and steep drops over time. The more volatile an asset is, the riskier it is to invest in. was likely in the cards in 2020 no matter what, Jim said, but while the coronavirus may continue to drive down stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. prices in the near term, long-term investors should be grateful for the opportunity to pick up some valuable assets at attractive valuations.