Take a few deep breaths — everything’s going to be fine. “This crisis is not uncommon,” said James Paulsen, chief investment strategist with Wells Capital Management. “It’s important to realize we have crises regularly. With capitalism, if you’re not in a crisis, you soon will be.” Here are some examples: The dot-com disaster — “corporate balance sheets were terrible in 1999.”
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Digital Partnership, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.