Biggest risk is lack of effective fiscal policy to act as a bridge to a vaccine: Phil Camporeale
Marko Papic, Clocktower Group partner and chief strategist, and Phil Camporeale J.P. Morgan Asset Management managing director, join 'The Exchange' to discuss the state of the markets as stocks rise on positive vaccine news. The vaccine news and just general human desensitization are showing less and less of an impact in terms of lockdowns, says Papic. There's just this half-life of fear that's pretty short. I think the combination of those two are bullish for a lot of the value plays, he adds.