You Have to Be in Equities, BNY Mellon's Levine Says

The video discusses the current economic landscape, focusing on bond yields, liquidity, and the Fed's cautious approach. It highlights the impact of unemployment benefits on labor markets and inflation, suggesting a slowdown in wage growth. Investment strategies are explored, emphasizing quality stocks in sectors like cyclicals, tech, and healthcare. The video also addresses supply chain disruptions and their inflationary effects, noting market comfort with these issues. Finally, it covers market sentiment, predicting continued growth despite potential inflation risks.

In what ways might the Delta variant impact economic recovery and market performance?

What factors are contributing to the current state of the labor market recovery?

How has the rolling off of unemployment insurance affected wage growth in certain states?

What sectors are expected to perform well in a decelerating inflation environment?

How do supply chain constraints relate to inflation and margin pressures in the current market?

What are the implications of inflation being perceived as transitory by the market?

What is the overall sentiment of investors regarding the market's direction and earnings growth?