Attached is a link to a conversation with RBC Capital Market's Head US Equity Strategist, Lori Calvasina.
This call was recorded on Monday March 23rd, Lori is a little technical in her explanations, so it may not be for everyone.
- She is anticipating a brief recession for 2020, however it is already priced in and she sees a recovery from the current level and forecasting growth for 2021.
- We may not have seen the bottom yet, however signs are we are close to it.
- Market Recovery will happen before we see the situation facing us in day to day life subside.
- Portfolios should have a combination of defensive stocks and stocks in strong businesses that are oversold.