Business
While the world agonizes over grim statistics showing the growing number of victims of the novel coronavirus, professional money managers are forced to make important decisions on behalf of clients without much hard data on the economic damage being done. Diane Jaffee, senior portfolio manager at TCW Group Inc., discusses how the upcoming earnings season will help provide some much-needed information. Some highlights of the conversation are below. Mentioned in this podcast: A Lot Is Riding on Stock Bottom Calls That Worked in a Bull Market U.S. Jobless Claims Soar to Once-Unthinkable Record 6.65 Million Earnings Day Blowups Seen Skyrocketing With Street Flying Blind