Discover what a market recovery might look like in 2021 amongst all the changes to our world.
Wednesday, March 17, 2021
Noon – 1:00 p.m. ET
The year 2020 was unlike any other in memory, as investors had to grapple with a global pandemic, social unrest, nationwide stay-at-home orders, a deep recession, and unprecedented monetary and fiscal responses.
All the while, markets suffered the fastest 35% decline in history off of record highs in February, only to stage a dramatic recovery back to new all-time highs in just 145 days — the fastest recovery in history.
Several key questions remain. Have we exited the stay-at-home recession? What will the shape of the recovery look like? What is the path forward for a stock market at all-time highs? What are the long-term implications of the pandemic? And how will the market respond to the election outcome?
Please join Steve Chiavarone as he shares his candid views on how this will all play out, and what it means for investors.
Presenter
Steve Chiavarone, CFA® is responsible for portfolio management and research in the global asset allocation area and is a portfolio manager of Federated Hermes Global Allocation Fund. Steve is responsible for the formulation of Federated Hermes’ views on the economy, the financial markets and the firm’s investment positioning strategies as a member of both the Macro Economic Policy and the PRISM Asset Allocation committees. Steve is also responsible for bringing macroeconomic, investment strategy and product knowledge directly to clients in collaboration with the sales team.
He joined Federated Hermes in 2007 and has 15 years of industry experience. He previously worked at U.S. Trust/Bank of America Private Wealth Management as a project manager in the Office of the Investment Management COO.
Steve has been a regular contributor across the financial media, including CNBC’s “Squawk Box,” “Worldwide Exchange,” “Power Lunch,” “Trading Nation,” “Nightly Business Report,” and “Fast Money,” Fox Business Network’s “Mornings with Maria” and “Countdown to the Closing Bell,” and Bloomberg’s “Daybreak: Americas” and “The Open.” Steve is also frequently quoted in publications such as Reuters, The Wall Street Journal, The Financial Times, The New York Times and CNN Money.
Steve earned his bachelor’s degree from Drew University and is a CFA® charterholder.
