Expressing optimism about the economy's gradual recovery prospects, City National Bank's investment team told clients the United States is moving away from severe coronavirus shutdown status and toward a "middle ground," with greater, albeit limited, business and social activity.
| | | | | Start Your Engines: U.S. Enters Reopening Phase | | Expressing optimism about the economy's gradual recovery prospects, City National Bank's investment team told clients the United States is moving away from severe coronavirus shutdown status and toward a "middle ground," with greater, albeit limited, business and social activity. | | "This middle zone is where we're going to be living our lives for an extended period of time – months and months and months," said Garrett D'Alessandro, CEO of City National Rochdale, the bank's investment advisory organization, during the bank's weekly market update on Wednesday. | | "We're not going to Madison Square Garden or Dodger Stadium for a long time." | | Learn More | | | | | | | | | | | | |
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