Market Matters from New York Life Investment Management
The Global Market Strategy team brings a fresh look at what matters for the economy, markets, and a multi-asset portfolio. Tune in for a weekly dose of what’s driving portfolio decision-making at New York Life Investment Management.
Market Matters from New York Life Investment Management
The frenzied rally in stocks (June 15, 2020)
•
Season 1
•
Episode 22
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Even accounting for market volatility last week, financial markets have staged an impressive rally from their March 23rd low. Some of that made sense to us, but a rotation towards the heaviest covid-impacted sectors of the economy had us scratching our heads. In this week’s episode, we discuss how to differentiate between optimism and exuberance in a highly uncertain environment.