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Jim Bianco Conference Call "Profiting Amidst Uncertainty" Clip 7/23/2020 *FREE TRIAL BELOW*
5 years ago
1
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The risks are real. The re-hiring process seems to be stalling. Mobility and re-openings are reversing. Earnings are expected to struggle the rest of the year. While it is important to be cognizant of these risks, money managers must also perform. On this front, the Fed is still buying Treasuries, munis, corporate bonds and ETFs. Congress is expected to extend fiscal stimulus, including federal unemployment insurance. This is pushing the S&P 500 to new recovery highs.
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