Hausberg: 'If people are not hearing from their advisor, they should hire a new one'

HighTower Podcast: Collective Wisdom

Jimmy Hausberg, managing partner at The Hausberg Group in Beverly Hills, Calif., says that people staying safe at home during coronavirus but watching the market plunge and the economy grind to a halt are wondering if they're seeing the start of the next Great Depression, and they need to be working with their financial counselors to address concerns, stay calm and to develop a tactical plan that protects their short-term interests while also looking at the long-term potential for a rebound and the investment vehicles and sectors that will lead a comeback.