The pandemic and corresponding draconian containment efforts have created an economic and financial situation unseen since the Great Depression. Everyone wants to know whether the economy will rebound quickly or if we will experience a prolonged recession.
How does this play out?
Noted financial expert James Rickards foresaw such economic calamity last year when he wrote Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos.
Mr. Rickards joins WindRock to discuss:
- Why the current financial situation is unlike the 2008 financial crisis;
- What impact the recently passed CARES Act will or will not have on the economy and various investments;
- How far equities may still fall despite their recent rally; and
- Which asset classes investors should consider to shield themselves from economic and financial calamity.