Lowell on CNBC: The Impact of the Coronavirus on Global Markets
Chief Investment Officer Jim Lowell appeared on CNBC to discuss his outlook relative to the disruption caused by the coronavirus outbreak. In his view, the markets to date have priced in containment, not pandemic. Jim went on to note that economic growth look to be negatively affected by the side effects of the virus’ spread. He thinks that this shorter-term setback will present buying opportunity based on the strength of economic fundamentals like earnings, interest rates and consumer health, and that long-term investors would be best off staying the course. He went on to discuss where he sees values for investors around the globe.