BREAKING NEWS OHA: 332 new coronavirus cases, 2 deaths Full Story

'We'll get past this.' Top economist on the market turmoil

"We'll get past this."That's the advice from Bank of New York Mellon's Chief Economist Vincent Reinhart for ev...

Posted: Apr 4, 2018 8:47 PM
Updated: Apr 4, 2018 8:47 PM

"We'll get past this."

That's the advice from Bank of New York Mellon's Chief Economist Vincent Reinhart for everyday investors worried about a US trade war with China. Reinhart was the first guest on CNNMoney's new "Markets Now" show hosted by editor-at-large Richard Quest.

"The Chinese will keep buying US Treasury securities we'll keep buying their goods," Reinhart said.

He noted that investors weren't aware enough of the lurking risk. Recent volatility has been a reminder last year's calm rise was not normal.

But the recent volatility has mostly been limited to the stock market. Bonds and commodities aren't bouncing up or down nearly as much, which Reinhart says means the economy remains in good shape.

"Economic data has mostly done better than economists expected," he told Quest.

Related: Watch Markets Now here every Wednesday at 12:45 p.m. ET

You can catch the 15-minute "Markets Now" program every Wednesday at 12:45 p.m. ET at your desk or on your phone or tablet. The show streams on CNNMoney.com/MarketsNow.

Each episode of "Markets Now" will feature exclusive analysis from leading figures in investing and markets.

Jim Chanos,-founder and president of Kynikos Associates, and Austan Goolsbee, who served as chairman of the Council of Economic Advisers under President Barack Obama,-will join the hosts on future episodes.

Can't watch at 12:45? Don't sweat it. Interview highlights will be available online and through the Markets Now-newsletter, delivered to your inbox every afternoon.

Oregon Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 11851

Reported Deaths: 232
CountyConfirmedDeaths
Multnomah282472
Marion183153
Washington181520
Umatilla9877
Clackamas95527
Union3692
Lincoln3615
Malheur3021
Lane2943
Deschutes2520
Yamhill1949
Jackson1780
Linn17410
Polk17312
Jefferson1630
Morrow1381
Klamath1351
Wasco1161
Benton1126
Hood River1040
Douglas600
Josephine571
Clatsop550
Coos540
Columbia480
Lake240
Crook181
Tillamook160
Wallowa140
Baker110
Curry90
Sherman40
Harney20
Gilliam10
Grant10
Unassigned00
Wheeler00
Eugene
Broken Clouds
78° wxIcon
Hi: 79° Lo: 52°
Feels Like: 79°
Corvallis
Clear
76° wxIcon
Hi: 78° Lo: 50°
Feels Like: 76°
Roseburg
Few Clouds
78° wxIcon
Hi: 82° Lo: 55°
Feels Like: 79°
North Bend
Overcast
66° wxIcon
Hi: 69° Lo: 52°
Feels Like: 66°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST

Community Events