AlphaOmega’s Peter Cecchini: Small companies are not getting stimulus despite Main Street lending program
Peter Cecchini, AlphaOmega Advisors, joins 'Closing Bell' to talk about why we're seeing a bifurcated market despite billions of dollars from Congress and the Fed to help businesses get back on their feet. I think with equities more broadly, the markets need to see a significant improvement in earnings and cash flows, says Cecchini. They may improve if we get fiscal stimulus, and that's particularly important for smaller firms.