Market is betting on clarity and an early resolution: Schroders senior advisor
Brian Jacobsen, Wells Fargo Asset Management multi-asset strategist, and Ron Insana, Schroders North America senior advisor, join 'Power Lunch' to discuss if the resilient consumer could be what pushes the market higher, the industrials sector and the state of the U.S. economy. We've been overweight industrials because we like prices and pro-cyclicality, says Jacobsen. We are optimistic about the economic outlook and that is an area where we are overweight, he adds.
Fri, Oct 16 20202:38 PM EDT