Cowen CEO Solomon Expects Fiscal Stimulus By End of Year

The transcript discusses the market's reaction to potential political changes, such as the Georgia runoff and its implications for taxes and spending. It explores the impact of tax changes on economic growth and the role of fiscal stimulus. The conversation also touches on M&A activity and business confidence in light of a potential Biden administration. Finally, it addresses liquidity conditions and market stability, emphasizing the adaptability of markets and the role of the Fed in ensuring liquidity.

What are the expectations regarding small businesses and economic recovery in 2021?

What concerns are raised about liquidity and funding conditions in the market?

What factors could potentially impact the market's recovery according to the discussion?