by Joy Wiltermuth on January 6, 2021
Chief Economist, Jeanette Garretty, shares her thoughts on what the new political landscape may entail.
“The key is the possible change in the landscape of political power in Washington, D.C. and what that will mean for spending,” Jeanette Garretty, chief economist at Robertson Stephens Wealth Management, told MarketWatch.
“Investors are most immediately saying this is going to mean more money spent in support of individuals and a greater likelihood of an infrastructure deal,” she said. “But buried in all this is probably also an assumption that it will be easier to get money to states for a more efficient rollout of the vaccine.”
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