March 9, 2020
'This too shall pass': As stock market continues steep slide for coronavirus, financial advisers say don't panic and sell on fear
Finance professor Tom Arnold is quoted.
Economic Impacts
Tom Arnold, professor of finance, can provide insight on how the COVID-19 pandemic is impacting the economy.
He offers the following comments:
"For the typical investor, as tough as it is, probably the best thing is to hold on tight and wait out their stock market concerns."
"A lot of times, adversity creates solutions that you find out are better, so this outbreak very well may change things, ultimately for the better. These protocols will force businesses to change how they work with other regional offices- now perhaps all remotely."
Contact AVP for Media and Public Relations Cynthia Price at cprice2@richmond.edu to connect with Arnold today.
