The stock and bond markets are too pessimistic: Payden & Rygel
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The stock and bond markets are too pessimistic: Payden & Rygel

There are "some clouds out there" that the market needs to be cautious about, but both the stock and bond markets are more pessimistic than what is warranted, says Jim Sarni of Payden & Rygel.
02:16
Tue, Aug 20 20193:53 AM EDT