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Visions of a Vaccinated World: The Trajectory of the Market Rotation

Courtesy of ZeroHedge View original post here.

 
Real Vision senior editor Ash Bennington welcomes Tony Greer, editor of the Morning Navigator, to delve into the day’s trading and explore where markets are currently at. With Joe Biden becoming President-Elect and the race for a vaccine coming closer to the end, markets have changed their tune, and Greer explains how the rotation trade is continuing to be sustained due to the markets’ vision of a vaccinated world. Greer also considers how the virtualization of society due to the pandemic will have enduring effects in the way people live and work and what that implies for new market trends such as the recent abundance of tech IPOs. Greer shares his thoughts on why the Fed will continue to only address the recovery through asset price inflation, and he discusses what this means for various asset classes. In the intro, Real Vision’s Haley Draznin explores the K-shaped recovery in the housing market.

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