Epsilon Theory's Hunt: The real world is divorced from corporate stories

Ben Hunt of Epsilon Theory says that 'every effective CEO today is a CEO who can tell a story and create a narrative that may or may not have anything to do with real-world performance,' and he says that investors have to cut through those stories to figure out what is real and what is overblown, disconnected from fundamentals and economics. He notes that investors must make up their own minds, rather than falling easily for the stories. Also on the show, James DiChiaro of the BNY Mellon Core Plus Fund talks about generating income in a low-rate environment, David Trainer of New Constructs puts Peloton stock in the 'Danger Zone,' saying it's sky-high valuations are taking investors for a ride, and Catherine Collinson of the Transamerica Center for Retirement Studies discusses recent research showing how retirees are already feeling long-term impacts to their money and mindset due to the coronavirus pandemic.