05-15-2020: Strategist Prediction: Markets Are Too Optimistic
Ahead of an earnings decline of between 30% and 50% this year, one market watcher thinks another 'leg down' is likely.
Today's Stocks & Topics: Social Security for 2020, AWK - American Water Works Co., AWR - American States Water Co., SMLP - Summit Midstream Partners L.P., DHC - Diversified Healthcare Trust, ABBV - AbbVie Inc., Warren Buffett, NEM - Newmont Corp., Retirement Plan, Coronavirus Vaccine.
TRIVIA QUESTION: "WHAT is a 'bank run' and, historically, WHEN did early forms of bank runs begin?"
I will have the surprising answer after the break.
Plus: Key Benchmark Numbers and Market Comments for: Oil, Gasoline, Gold and Treasury Yields.
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