Since the COVID-19 pandemic began, approximately 48 million people in the U.S. and Canada have applied for unemployment benefits. However, there is encouraging news. In their latest conversation, Sightline’s Paul de Sousa and Warren Gerow examine the slowing jobless claims and what might be in store as the economy slowly reopens. Specifically, de Sousa and Gerow discuss:
- The continued dichotomy between Main Street and Wall Street
- The theory that small individual investors have gone from betting on sports to betting on stocks
- Factors that are helping boost company valuations
- How the economy may shift as reopening continues
- Ways the government can assist in boosting the economy
- How low yields are creating new investment opportunities
Warren Gerow is an independent investment wealth consultant to Sightline Wealth Management.
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