Stimulus bought us the time to see if we could resolve Covid: Paul Richards

Paul Richards, Medley Global Advisors president, discusses the markets and the need for a reset. We're eight months into stimulus and the clock is ticking. It was just ten days ago the market was incredibly negative, says Richards. We're on borrowed time on stimulus. We're eight months into massive fiscal and monetary stimulus like we've never seen before. And the clock is ticking, he adds. All that stimulus bought us was the time to see if we could resolve the issue of Covid.