BNP Paribas' Woo: Balance 'staying the course' with market opportunities

Pamela Woo, head of U.S. equities at BNP Paribas Asset Management, says that investors need to trust their allocations and plans while also looking for stocks that will come through the current recession positioned for a strong future. She expects to see a recovery that gets off to a hot start as the economy reawakens, but that won't recapture previous levels for e foreseeable future when the pandemic has ended. Also on the show, Matt Freund of the Calamos Long-Short Equity and Dynamic Income Fund on rebounding from the recent bottoms, Dan Zanger of ChartPattern.com talks about the value of technical analysis in unprecedented market times, and Mark Fleming, chief economist at First American Financial Corp., compares the way the real estate market is responding to conditions created by the coronavirus pandemic and the voluntary economic slowdown with the way it reacted to the 2008 financial crisis, which was triggered by problems in the housing and real estate sectors.