Janney's analysts discuss the global pandemic's impact on the economy.
In this audio update, Market Strategist Gregory Drahuschak speaks with Guy LeBas, Chief Fixed Income Strategist, and Mark Luschini, Chief Investment Strategist, to discuss comments from Federal Reserve’s Jerome Powell, as well as the impact of current unemployment on the markets and economy.
Topics covered include:
- Why negative interest rates are unlikely in the U.S.
- Takeaways from Federal Reserve Chair Jerome Powell’s presentation and equity market reaction
- Impact of current unemployment on the markets and economy
- Application of Fibonacci’s Golden Ratio and retracement levels in the equity market