Leonard Raskin of Raskin Global anticipates economy slowly opening up

May 03, 2020 | WNST Audio

It is always a pleasure welcoming our good friend and partner Leonard Raskin of Raskin Global on to talk some sports and money and provide us with his financial advice and expertise. As we are nearly two months into this shutdown, many people are eagerly awaiting the economy opening back up and how that process is going to look.

“I think there’s a good 25%-30% of the population that’s going to flood back into business, flood back into restaurants, they think it’s all overblown and they’re interested to get up and get out and get started and support local business,” Raskin said. “I think there’s another 30% that are the other extreme that aren’t leaving their house until there’s a vaccine. Then I think there’s maybe 40%-50% that don’t know what is going to happen and they’re happy to let those other people go first and see what happens and slowly but surely trickle out of their house and get back to it.”

As always, Leonard would go on to provide his thoughts on the short-term and long-term of the stock market, what his advice to investors would be, and much more.

If you are in need of a financial advisor and expert that you can trust, make sure to reach out to Leonard and his Raskin Global team. Leonard wants to build a long-term relationship with you and become fully invested in your financial life. We trust Leonard and his team here at WNST, and we encourage you all to as well.

To hear Leonard Raskin’s full conversation with Nestor, listen here: