PGIM CEO Hunt Expects Risk-Off Trade to Last Through August

The video discusses the economic impact of COVID-19, highlighting the slow and uneven recovery expected. It emphasizes the need for continued government support, particularly for small businesses and municipalities. The discussion also covers the challenges posed by low interest rates on savings and economic growth, and the potential role of infrastructure investment in boosting productivity. Finally, it addresses investor sentiment, noting stability among institutional investors but concerns about retail investors missing market opportunities.

What is the speaker's perspective on the importance of infrastructure investment?

How does the speaker view the current level of anxiety among investors?

What does the speaker suggest is necessary for a successful infrastructure initiative?