Market Is Taking Time to ‘Catch a Breath’ After Rally, Bhandari Says

The transcript discusses the current state of the market, focusing on the recovery from the March lows and the factors influencing this recovery, such as fear of a second wave and Jay Powell's cautious stance. It highlights the importance of policy support in maintaining market stability and the preference for high-quality risk assets. The discussion also touches on the potential for market correction and the need for careful risk management, given the weakened state of many companies' balance sheets post-crisis.

What does the speaker suggest about the quality of risk in investments?

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What concerns does the speaker express regarding companies' conditions post-crisis?

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