Stock markets had another day in the green. Shares were on the rebound after a $2 trillion relief bill out of Congress moved closer to being signed, sending the Dow Jones Industrial Average and S&P 500 soaring.
Ronald Kruszewski, CEO of Stifel, says the Fed has done well in injecting liquidity into the market.
"Look, we came from a rip-roaring economy, lowest unemployment we've ever seen. Strong consumers, strong consumer balance sheets — we're going to get there again, whether it's a 'V' shape, a 'W' shape, a 'U' shape. When you are investing for long-term investors, that's not really the point; trading in and out. We are waiting for [volatility] to come down. ...
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