Vincent Reinhart, chief economist at Mellon, says the economic activity is being miscategorized as a recovery because it is just a rebound until we see a return to something much closer to pre-Covid levels on unemployment and economic activity. That bodes well for a broader economic recovery once the pandemic has ended. Also on the show, John Kosar of Asbury research says the market is likely headed for a correction of 10 percent or more before it can get much higher, Bill Pekowitz of the Aberdeen Global Premier Properties Fund talks about how coronavirus 'put real estate in the crosshairs,' and Julian Koski of New Age Alpha talks about avoiding losers in the Market Call.
Money Life with Chuck Jaffe