Tom Essaye Quoted in Barron’s on January 15, 2021
But “President-elect Biden’s $1.9 trillion plan is being met by a “sell the news” reaction as markets already priced in most of what was included…” wrote Tom Essaye, founder of Sevens Report Research, in a note. Cyclical stocks, whose fate rests on the perceived health of the economy, had a strong Thursday in anticipation of Biden’s speech. Click here to read the full article.