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Friday, Nov 15, 2024

Preview: Turbulent Markets

In the early phase of the national economic shutdown sparked by the coronavirus, the stock market plummeted – and often roared back a few days later. For high net worth investors – and the finance professionals managing their money – they were turbulent times. Christopher Lamia at Thousand Oaks-based Forum Financial Management said that because no investor of this generation had lived through a pandemic before, anxiety levels were heightened. “When you combine that uncertainty with the pace of the decline, it caused a lot of emotional challenges for clients,” Lamia told the Business Journal. Read the full story in the May 25 issue of the San Fernando Valley Business Journal.

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