Financials: Investing in Recessions and The Latest News in the J.C. Penney Bankruptcy
- Author
- The Motley Fool
- Published
- Mon 22 Jun 2020
- Episode Link
- https://wherethemoneyis.libsyn.com/financials-investing-in-recessions-and-the-latest-news-in-the-jc-penney-bankruptcy
The U.S. economy entered a recession in February for the first time in over a decade. In this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP discuss why it's so important for investors to stick to their long-term plans, even in scary times. Plus, reports indicate that Simon Property Group (NYSE: SPG) and Brookfield Property Partners (NYSE: BPY) are in discussions to purchase bankrupt department store chain J.C. Penney, and the reason might not be what you think. Finally, hear why Frankel is watching Seritage Growth Properties (NYSE: SRG) after the recent sell-off, while Moser has his eye on Nike (NYSE: NKE) this week.
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