A man wears a protective mask as he walks past the New York Stock Exchange on the corner of Wall and Broad streets during the coronavirus outbreak in New York, March 13, 2020.
Lucas Jackson | Reuters
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Worsening economic data and falling stock prices have led BTIG to slash earnings estimates for the coming year, but the firm's top strategist still believes there are places to hide.
"While certainty far from ideal, conditions do not reflect the extreme stresses seen during the Great Financial Crisis, a result of central banks and governments around the world having reacted in a much timelier manner to this shock," BTIG's chief equities and derivatives strategist Julian Emanuel said in a note to clients.
