Cyclical is the way to play the real recovery in the economy: BNY Mellon's Levine

Alicia Levine, BNY Mellon Investment Management chief strategist, joins 'Closing Bell' to talk about why she's positive on the short, mid and long-term for markets, despite more restrictions due to Covid-19. We're positive medium- and long-term, says Levine. This is the perfect day that describes what we call the Covid air pocket – you can't get there from here without going through a lot of bad news. On the other hand, she adds, we will have a boom in the second half of 2021.
09:17
Wed, Nov 18 20204:55 PM EST

watch now
VIDEO02:37
CNBC ProTesla investors will be 'left in tears' when valuation bubble bursts: Analyst
watch now
VIDEO08:11
CNBC ProHP CEO talks Q4 earnings beat, improving printer business and raising dividend
watch now
VIDEO04:25
CNBC ProCharles Schwab's Liz Ann Sonders discusses how sentiment will impact markets
watch now
VIDEO06:08
CNBC ProJeremy Siegel on Dow 30K, Janet Yellen and his market outlook
watch now
VIDEO04:47
CNBC ProNear-term caution, lack of stimulus increasing chances of economic downturn: Julian Emanuel