Ten Experts on What They’re Telling Their Clients and Students
From financial advice to work-related issues to outdoor activities, some guidance on how to cope with coronavirus in our day-to-day lives.
Dr. David Ho, scientific director of the Aaron Diamond AIDS Research Center
Photographer: Jonathan Alcorn
Brendan MacMillan, CIO, QP Global Family Offices in New York, which manages family offices and their wealth
We believe the market hasn’t discounted the full potential for an event as significant and symbolic as the temporary closure of the U.S. school system, or at least their statewide closures in California or New York. We don’t see a high probability that the effects of Covid-19 will lead to a credit crisis yet, but just in case we get that wrong, we will look to hedge our equity positions by shorting stuff like HYG, the high-yield bond exchange-traded fund. —As told to Joel Weber