Liz Ann Sonders, chief investment strategist at Charles Schwab, joined the latest episode of the “What Goes Up” podcast to discuss what appears to be a shift in focus among the crowds of new day traders who were so influential in the U.S. stock market earlier this year. Says Sonders: “Really since mid-February, we've seen a shift — believe it or not — back toward some semblance of fundamentals driving stocks; a bit more of a quality bias, profitability bias, a little bit of a valuation bias.”
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04/23/21 • 43 min
What Goes Up - After the Meme-Stock Gold Rush
Transcript
Scrap on your parachute. It's time for What Goes Up? Hello, and welcome to What Goes Up, a weekly Bloomberg Markets podcast of Mike Reagan, a senior editor at Bloomberg, and this week on the show, the armies of Gung Ho retail traders who were so influential on the stock market in the past. Here, well, they seem to have sobered up a bit and the market has stopped going straight up. Are these two topics related? And do sky hide valuations mean a bi
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