Broker Check

Economic and Market Outlooks: Coronavirus

May 01, 2020

We had a great turnout for our webinar, held on April 22, 2020 during which Fidelity Investments provided an update on both the economic and market outlooks for the US and abroad due to the Coronavirus pandemic.

Whether you were able to attend or not, the good news is that we recorded the session!

Simply click the link below to view the webinar at your leisure.

Additionally, here is a brief summary of key points that were discussed:

  • The news flow is going to most likely stay negative for a while at least.
  • The Equity Markets usually do recover before the news flow gets better.
  • The elements of a viable short-term stabilization path are slowly coming
    together while long-term solutions are developing.
  • When the recoveries have happened, history shows they’re likely to be “V”
    shaped (or at the least “U” shaped).
  • Long-term, we could still be in a secular bull market that started in 2013.
    • Whose path resembles equity bull markets of the 50s & 80s and both had a deep correction in year 8.
  • How is it possible that the market is down [only] 13% from January?
  • There are pockets of strength [and business growth], more than what the
    media will lead you to believe.
  • For now, we are sticking to our playbook – stock markets will get worse
    before they get better. We will continue to look for buying opportunities as
    they present themselves.

Thank you again to Brad Pineault, CFA Vice President at Fidelity Investments for providing this perspective.

Remember, we have a great team of people who are available to help you! We are going to get to the other side of this.  

If you have questions, please do not hesitate to contact us.


About Ian Meierdiercks, CEO IM Wealth Partners

Ian Meierdiercks started his career at one of the oldest and largest financial planning firms in the industry and quickly determined the only way to provide truly comprehensive and unbiased advice was in an independent environment separate from any specific investment and/or insurance company.

It is out of this belief that IM Wealth Partners was founded. Using a goal-based approach, IM Wealth Partners looks to simplify and coordinate the often complex financial landscape in an attempt to help each and every client maximize their potential and exceed their goals.

IM Wealth Partners’ financial concierge model is designed to provide a macro approach to achieving goals while making micro-decisions on a day-to-day basis. Ian Meierdiercks and his team work diligently every day to provide the highest level of expertise and service. A level they feel everyone seeks and deserves.

Using his twenty years of experience, Ian Meierdiercks meets daily with potential, new, and existing clients of the firm to skillfully guide the financial planning process for each. Ian has a strong background in working with Real Estate professionals and affluent clients.

Widely respected as a financial planner, Ian Meierdiercks is invited regularly to serve as a guest speaker by numerous companies, organizations, colleges, and universities.

Ian Meierdiercks proudly holds Series 7, 63, 65, and 66 securities licenses, as well as life, accident and health insurance licenses.

Investing involves risk, including the possible loss of principal invested. Neither Ian Meierdiercks nor IM Wealth Partners make any guarantees or claims to provide legal, mortgage, accounting or tax-preparation advice. You should consult your tax and legal advisors for your specific situation. Securities offered through SA Stone Wealth Management Inc., Member FINRA and SIPC. Advisory Services offered through SA Stone Investment Advisors Inc.