- Markets may be underappreciating the depth of support that fiscal stimulus and monetary policy has provided to markets in light of the COVID-19 pandemic.
- Positive signs of an economic reopening include modest recoveries in spending and employment and a recovery in mortgage applications.
- Janasiewicz remains optimistic that beaten-down cyclical sectors will continue to perform in the near term, as the market continues to get comfortable with the prospects of a successful reopening and the related recovery.
This material is provided for informational purposes only and should not be construed as investment advice.
The views and opinions expressed are as of June 5, 2020 and may change based on market and other conditions. Unless otherwise noted, the opinions of the speakers provided are not necessarily those of Natixis Investment Managers or any of its affiliates.
There can be no assurance that developments will transpire as forecasted. Actual results may vary.
Performance data discussed represents past performance and is no guarantee of, and not necessarily indicative of, future results.
Provided by Natixis Distribution, L.P., 888 Boylston St., Boston, MA 02199. Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A.