Economic Impact of Covid -19

On this episode of Silicon Valley Insider, Keith Koo's special guest is Eric Krawitt, SVP and Investment Advisor at Morgan Stanley. Keith and Eric discuss how COVID-19 is affecting the market inside and outside of Silicon Valley. Eric give his insights on the short-term and long-term implications to investors whether they are individuals or business owners. Eric gives practical information on the considerations that each group Eric needs to make. Eric discusses the impact that the shelter in place is having on financial planning. For instance, small businesses are exploring all the options around how to ensure to keep their businesses operating considering potentially decreasing revenue and still trying to pay expenses. Eric also talks about what it will take for the market decline to be considered a recession and what opportunities may arise. On this week’s Cyber-Tip Keith discusses a new term called “Zoombombing” which is when people have their video conferences hacked and gives practical advice on how to keep your meetings safe when using tools like Zoom, Webex and Microsoft Teams. On the Pivot, Eric talks about the future of work and what types of industries will arise to fill the increasing demand for remote meetings that would normally have been face to face.