(This story is for CNBC Pro subscribers only.)
CNBC PROÂ subscribers can join Virtus Investment Partners' Joe Terranova on Wednesday at 2 p.m. ET for a special live discussion about finding quality growth opportunities in this volatile market.
Terranova will talk to CNBC Senior Markets Commentator Mike Santoli about his market outlook for 2021. Terranova is Virtus' senior managing director and chief market strategist with more than $118 billion assets under management. The longtime trader and investor created and developed the index behind the Terranova U.S. Quality Momentum ETF.
The stock market is seeing a big rotation into cyclicals and out of Big Tech as investors poured into assets that would benefit from an economic recovery amid the Georgia Senate runoffs. Traders are weighing the possibility of a Democrat-controlled Senate that could not only lead to higher corporate taxes and tougher regulations, but also a bigger and faster additional fiscal stimulus package.
