LPL: Good Times Ahead. . . Just Give It A Few Months
One strategist points out that the jobs report shows that the economy recovery some expect after the virus is contained is in the cards.
One strategist points out that the jobs report shows that the economy recovery some expect after the virus is contained is in the cards.
The short-term effects of the epidemic, like $110 billion in missing airline revenue, are pretty obvious. The long-term effects are more speculative.
Gundlach also said in the interview that he likes gold here. The precious metal is one of the standout winners from the outbreak and Goldman agrees.
"It just got too frothy -- the market got too excited and Uber drivers were doing day trading, all the signs were there," he said.
"I believe and Ivanka believes that the country is in good, safe hands right now — you might think about buying the dip," said Kudlow, reiterating.
Some say the "bond king" is overestimating the impact of Democratic underdog Bernie Sanders on the world market. Electability is a real thing.
Although China’s companies are slowly being brought back online, "Doctor Doom" made the case for why a V-shaped economic recovery is unlikely.