Apr 17, 2020
Ian Wyatt is the President of Wyatt Investment Research. He has been helping regular investors uncover hidden growth opportunities by beating the market and finding great investments at attractive prices. Ian has been actively investing in the stock market for the past 30 years. He's also spent more than 20 years publishing his investment ideas online to help fellow investors benefit from his successes and failures.
Ian Wyatt is also the host of the Daily Profit Podcast.
The United States of America is leading in the number of infections and deaths all over the world, surpassing even ground zero itself: China. AS the infection rates increase and the death toll rises, businesses and other sectors of the economy will continue to experience a slump that hopefully, can be overturned once the situation with the COVID-19 pandemic settles down.
The end of the pandemic could be signaled by China’s recent decision to end its country-wide quarantine, slowly easing back into the normal hum of a moving economy. This will definitely have an effect on many businesses around the world whose productions came to a halt. But the US needs to bide its time with its COVID-10 status and the current downward movement of stock value, heading towards what Ian calls a 90-day Great Depression.
Ian Wyatt, host of The Daily Profit, shares a webinar he did with his group of private subscribers where he discusses the state of the US economy in light of the coronavirus pandemic, what a 90-day Great Depression means, the 3 stages of a bear market, the best and worst stocks to invest in, and how the pharmaceutical industry can find redemption by the end of this pandemic. Stay tuned.