AssetMark's Thomas: Long term, equities remain the best place to invest ...

Jason Thomas, chief economist at AssetMark, says that the structural and societal changes and advancements that have allowed the economy to not be in more-significant trouble thanks to the coronavirus pandemic are also laying the base for an economy that ultimately will emerge strong, with stocks providing the best chance to come out ahead several years down the line. He notes that the United States -- despite the issues it faces -- is positioned 'to come out of this as one of the winners.' Also on the show, Matt Hougan of Bitwise Investments talks cryptocurrencies and how bitcoin is proving its value as an alternative to gold and a portfolio diversifier, Chris Vermeulen of The Technical Traders says the technicals show the market to be 'in a no-man's land between a bull and bear market' and while he expects a dip back to March lows, he believes there are good opportunities for traders. Also, Kelly Thompson of Direct Lending Deals talks about how the economic slowdown has affected the middle-market financing of business-development companies and how she expects BDCs to restructure and bounce back.