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Ross Healy s Top Picks: Jan 11, 2021 - BNN Bloomberg

Ross Healy s Top Picks: Jan. 11, 2021 BNN Bloomberg VIDEO SIGN OUT Focus: North American Large Cap Stocks MARKET OUTLOOK  I feel like a stranger in a strange land in this market environment. Having come through the “Nifty Fifty” and “dot-com” eras, I thought in my 55 years in this business I would have seen it all. Yet, an economy and stock market the fiscal and monetary authorities seek to keep afloat by endless stimulus is more reminiscent of many other economies in the past that have failed to reign in spending and paid the price. Unlike many optimists, I expect whatever recovery we do get will be weak and sub-par as, from our solvency point of view, the U.S. economy is trapped under the dead weight of unproductive debt. Luckily, the current Fed chairman, the election of Joe Biden (who now has control of the Senate) and the probable elevation of Janet Yellen to Treasury Secretary do not suggest the stimulus pedal is coming off the metal anytime so

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