Biden's Treasury pick Yellen has relaxed fears on Wall Street: J.P. Morgan's Camporeale
Phil Camporeale from J.P. Morgan Asset Management says there are three reasons why he likes markets. He says he doesn't expect a repeat of volatility in markets this year compared to 2020. He also says consumers are strong due to the pent-up demand, and as long as rates stay low there will be a fair valuation in markets.