Video: Special Report on Coronavirus, Stock Market, Politics, Interest Rates
The coronavirus may, or may not, turn out to be the “black swan” event that many industry experts have said would be the one thing that could impact what has been the longest cycle in modern history.
However, says Marcus & Millichap CEO Hessam Nadji, “The facts are still unfolding. We don’t know the scope of the problem, and most of the media outlets are reacting to the worst-case scenario, as is the stock market. So, it’s a fear-based reaction without valid information.”