As we head into a pivotal period of the current earnings season, tech stocks have buoyed key Wall Street indices – Nasdaq, for one, briefly hit another record high earlier this week. But what’s on the ticker doesn’t necessarily reflect what’s on the horizon. The COVID crisis in the U.S. is worsening, while Congress and the White House square off over another aid package. How might the rest of earnings season play out? And what do the latest rallies reveal about consumer sentiment? Lori Calvasina, RBC Capital Markets’ Head of U.S. Equity Strategy, shares what’s beneath the latest market movements.
Click here for the full podcast; The 10 Minute Take.