BNY Mellon’s Levine: Cyclical Recovery Is Here

Alicia Levine discusses the current state of equity markets, highlighting the role of the bond market and the potential for further market corrections. She emphasizes the importance of cyclical recovery and fiscal policy, noting the impact of consumer spending and government support. Levine remains optimistic about market fundamentals and future economic growth, despite challenges such as inflation and COVID-19. The discussion concludes with a focus on encouraging imagination and innovation among youth, particularly in space exploration.

How does Alicia view the potential for inflation and its impact on margins?

What fiscal policies does Alicia mention that could support the economy?

What is Alicia's outlook for the earnings growth in cyclical sectors?