(MAY 07, 2020)
James Landry, Chief Investment Officer and Director of Planning, provides a planning strategies update then speaks with Richard Mullen, Co-Founder and Managing Director, to provide some clarity on what we are seeing in the markets.
(01:50) Overview of the SECURE Act (05:27) Overview of the CARES Act – Non Stimulus Provisions (11:02) A lot of people have been comparing this crisis to the Great Depression – how is it different? (15:14) Warren Buffet recently mentioned that he remains as optimistic as ever – do you agree with him? What advice would you give to someone nearing retirement during this crisis? (18:48) How does the Pallas team feel about exposure to international and emerging markets right now? (21:22) Do you think that the Modern Monetary Theory has been vindicated with the recent level of interest rates? (27:16) Do you think there will be a third round of stimulus? (28:55) Do you see a retesting of the lows? Does it make sense to raise more cash? (31:43) Is there a deadline for taking a coronavirus related distribution?
(32:20) How do I know if I qualify to take a coronavirus related distribution?