The virus-related surge in unemployment has likely increased the share of households at risk of falling short in retirement.
Watch a replay of Matt McLennan on Bloomberg TV, where he shared his thoughts the potential shift in leadership within market and what he favors most within the value segment.
While growth stocks have continued to outperform, their market values in most cases have increased at a far greater rate than their revenue and cash flow.
The price of gold was pulled by many crosscurrents in the third quarter. The key factors included the advance and retreat of the coronavirus, positive and negative news about progress on a vaccine, the uncertain fiscal outlook, political tensions surrounding the US elections and the changing values of the dollar and the euro.
Though China fell into the first economic contraction in its modern history as a result of the Covid-19 pandemic, it has rebounded markedly and looks poised to be one of the few countries to post G