Michael Arone, Chief Investment Strategist for the US SPDR business at State Street Global Advisors, joins Yahoo Finance Live to discuss how markets are faring on Monday, the outlook for rising interest rates and protecting your portfolio amid the pandemic.
(Bloomberg) -- With a helping hand from the Federal Reserve, the great reopening trade is staging a return on Wall Street as money managers bet the U.S. consumer won’t be cowed by the delta-virus variant. Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesThe Rise of the Pandemic DashboardA Jewish Tradition Makes Room for Unconventional DesignEquities tied to the econom
After two disastrous weeks, Wall Street was moderately upbeat last week.