Kenneth Rapoza, Senior Contributor, April 22, 2020
Chief Economist, Jeanette Garretty shares her thoughts on a market recovery and why receiving clarity on earnings is key.
“The idea that the economy is going to recover in a V-shape, I think most people have set that aside,” says Jeanette Garretty, chief economist at Robertson Stephens Wealth Management. “There are going to be winners and losers, but it is not clear to me what they will be, so this is tricky as an advisor. Everyone loves to buy on the dips. But that only makes sense if you understand the fundamentals and have some clarity on earnings and I don’t think we have that right now.”
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