Stan Johnson Broker: It’s Hard to Predict How the Market Will React

This economic event is unprecedented. While some are using the 2008 Financial Crisis as a guidebook, there has never been a public health event that has sparked an economic disruption of this magnitude. As a result, uncertainty is rampant, according to Brett Butler of Stan Johnson Co., and it is difficult to predict a path toward recovery.

“The 2008 Financial Crisis is the only comparable event that comes to mind, but that was different due to bad lending practices,” Butler tells GlobeSt.com. “I have never seen a health crisis threaten the market before. It’s hard to say how the market will react with all the uncertainty—when will businesses be able to open again? How much impact will the downtime have on the overall economy? We’ll just have to wait and see.”