Mar 20, 2020
Craig Callahan, president of the ICON Funds, says that the stock market's recent downturn has created the best bargains he has ever seen, better than the darkest days from the 2008 financial crisis or any other downturn he has lived through. He noted that all of the supporting conditions for a true buying opportunity are aligning right now; despite that, Callahan says it's not yet time to buy, though he thinks that time is 'close.' Also on the show, Bryce Rowe of National Securities discusses the double-digit dividends and growing discounts on business-development companies in The NAVigator segment, technical analyst John Kosar from Asbury Research says coronavirus has accelerated a downturn the market was setting up for, making the market oversold, although he was not ready to call for a bottom and will be watching if the market can turn roughly 2,350 on the Standard and Poor's 500 into a real support level; also Erin Kelly, author of 'Overload: How Good Jobs Went Bad and What We Can Do About It.'