A Valuable Lesson From the Biotech Sector

By Mable Buchanan In this week’s State of the Market video, Chief Income Strategist Marc Lichtenfeld shines a light on an uncomfortable truth…
The market’s brave face in recent weeks is not a sign of a rallying economy…
In fact, it’s more of a foreboding sign that reminds Marc of the calm before the storm of the 2008 financial crisis.
But no matter how much faith you have in our economy’s ability to recover, one thing’s for certain…
This market is different. Since March, we’ve witnessed ecstatic highs and heart-wrenching crashes, often within the same trading day.
We’ve watched drastic volatility become the new norm – and it’s …read more

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