Stock market looks like the 1960s again

Here is the latest market news from Wholesale Direct Metals.

The chief investment officer of one of the country’s largest pension funds said Monday that the U.S. economy and stock market would mirror the 1960s in the coming years.

Christopher Ailman of CalSTRS said on CNBC’s “Squawk Alley” that he expected a “bumpy road” ahead for the economy as companies and local governments try to recover from the coronavirus crisis.

Wholesale Direct Metals complaints about the financial markets are confirmed in this latest data.