Steve Sosnick, Interactive Brokers’ chief strategist, discusses the latest vaccine news from Astra-Zeneca and Oxford University.
With each new vaccine development, the stock market dynamics are changing, according to Sosnick. Here’s why:
Photo Credit: Yuri Samoilov via Flickr Creative Commons
The country moved quickly to check the spread of the virus
Advisers are more bullish on the markets than their rich clients, which may also be pointing to a disconnect in risk tolerance.
If you want to be like Warren Buffett and be greedy when others are fearful, the level of continued market apprehension may make the case for buying stocks.
In a rare public appearance by Eddie Lampert, the famed hedge fund manager clashes with Larry Summers over the value of long-term investing and thinking.
