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Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets.  Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.

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USA Today: “Stocks Stabilize As Investors Weigh Further Central Bank Support”

Jessica Menton | March 19 , 2020

As the economy comes to a standstill to slow the spread of the coronavirus, investors have been looking central banks and governments around the world to support the economy until it can begin to reopen.

"While there is little doubt that countries with quarantines and markets operating under duress will recover, the immediate question faced by central banks, governments and markets alike is whether lowering interest rates and cutting taxes will jump-start the economy and spur consumer demand," Tom Stringfellow, president and chief investment officer at Frost Investment Advisors, said in a note.

"It seems clear that an 11-year plus bull market is now behind us and that the risks of a recession have increased considerably, given the economic slowdown progressing across the globe," Stringfellow said.

Excerpted from USA Today on March 19, 2020. To view full article, click here.

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