Will Snags with New Washington Stimulus Squelch the Economy and Stocks?
Not really, says UBS’s Haefele, sounding optimistic on vaccines and possible fresh aid in 2021.
Not really, says UBS’s Haefele, sounding optimistic on vaccines and possible fresh aid in 2021.
The bank credits split government, a possible vaccine, Fed actions, and possible trade war abatement.
Maybe not so much stocks, but high-yield is well-positioned if the Democrat wins and enacts his agenda, Northeast’s Monrad forecasts.
So say two savants from Principal Financial, at CIO’s Summit.
With Democrats ruling the White House and Congress, bigger federal spending should spur yield-raising inflation, report contends.