Quincy Krosby, chief market strategist at Prudential Financial, does not hold back in describing 2020 on Wall Street:"a year of extreme extremes."
"If companies cannot raise money to survive, they go bankrupt, they lay people off, the unemployment rate skyrockets," Krosby said. The"rationale behind going into the mega-cap tech companies was that these were known companies, they were the best of breed, and their goods and services were in demand," Krosby said.
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