Real Wealth Show: Real Estate Investing Podcast
RealEstate: Protecting Yourself, Your Assets from COVID-19
Mar 17, 2020
22:27
On Thursday, March 12, 2020, the S&P 500 and the Dow Jones Industrial Average had the biggest one-day percentage drops since October of 1987 — and the Nasdaq joined the Dow in bear-market territory, which is commonly defined as a drop of at least 20% -- as fears of the coronavirus grow, coupled with oil wars and uncertainties around the 2020 Presidential election. Friday, March 13th, President Donald Trump declared a national emergency due to the rapid spread of the coronavirus in the US. Soon after, stocks started to rally in late trading. These are scary, volatile times. What does it mean for real estate investors? The record-setting 11-year bull run for stocks has come to a screeching halt. Is the party over or is this just a temporary hiccup? Or cough? Today's guest has been on the Real Wealth Show before sharing his insights on the strongest U.S. markets for residential and commercial real estate. John Boyd is Principal of The Boyd Company, which was founded in 1975, and provides real estate and management counsel to leading North American banking and financial services companies. Clients include Boeing, Chevron, JP Morgan Chase, Visa International, Pratt & Whitney, PepsiCo, UPS, and other Fortune 500 firms. www.RealWealthShow.com
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