Jobs Report Shows Effects of Reopening: BlackRock's Rosenberg

The video discusses the economic narrative post-election, focusing on the payroll report and the positive impact of reopening, particularly in leisure and hospitality. It highlights the uncertainties surrounding a potential second wave and its implications for schools and the economy. The discussion also covers the necessary policy responses and their effects on financial markets, emphasizing the need for fiscal policy action stuck in Congress.

In what ways is the current economic situation described as a 'fits and starts' reopening?

What impact do financial markets have on expectations for fiscal policy responses?