Rising interest rates can also help the largely value-oriented reopening plays, said Steve Grasso, managing director of institutional sales at Stuart Frankel and a"There's still gas left in the tank for the reopening plays," Grasso said in the same "ETF Edge" interview.blowout gross domestic product growth"The other side to this is that you still have checks going out to individuals and we don't know when those checks will stop," Grasso said.
"What has to happen is true recovery. People have to get back to normal, and I think that has yet to happen," he said in the same "ETF Edge" interview, adding that investors shouldn't get overexcited about a pop in GDP.
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