SPBO - Today's Portfolios 'Can't Get No Satisfaction' From Yesterday's Instruments
Rick Rieder, Russ Brownback and Trevor Slaven contend that in the tug-of-war between the considerable economic damage stemming from the coronavirus and subsequent lockdowns, and the fiscal and monetary policy responses put in place, the latter factor is being underestimated by markets. Further, the instruments used by investors in previous years won't be what's required for the time ahead.
The Beatles, The Rolling Stones, and The Who captured our imagination (as they did much of the world's) from the '60s through the '90s. While we still love listening to them today, we can't help but