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Podcast: Market Matters from New York Life Investment Management
Episode: The frenzied rally in stocks (June 15, 2020)
Description: 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.