Market Pulse: Tom Wald

We’re seeing catastrophic economic numbers caused by the COVID-19 pandemic unveiled on a regular basis these days, yet stocks have enjoyed a remarkably strong run since hitting lows back on March 23. Should we be surprised by this, and what can we expect next? Join Tom Wald, CIO of Transamerica Asset Management, Inc., as he talks about the four catalysts he believes will continue to drive markets in the coming weeks. Tom also shares his perspective on the events that have propelled historic market selloffs over the past 100 years, and how they compare to today’s happenings.

As economic struggles continue to mount amid the COVID-19 crisis, Congress has passed the CARES Act, a $2.2 trillion package aimed at providing relief for everyone from individuals to major corporations. It’s the largest stimulus legislation ever, and it’s broken down into several areas, all of which demand a great amount of immediate attention in the current environment. In his new podcast, Tom Wald, CIO of Transamerica Asset Management, Inc., looks at the most important part of the CARES Act, its impacts, and whether investors should expect more stimulus from the government later in the year.

COVID-19 has shocked the world, shutting down economies and triggering massive market selloffs rarely seen during any previous crisis. As the calendar turns to the second quarter of 2020 and many brace for economic contraction of historic proportions, where do we go from here? How long will this last, and how bad could Q2 be? In his new podcast, Tom Wald, CIO of Transamerica Asset Management, Inc., discusses when he thinks the worst of the crisis will end and when we may expect to see the economy and markets start to recover. He looks at the implementation of monetary and fiscal policy, he details specific metrics to monitor, and he offers plenty of additional insight investors should hear about the current situation.

Rarely have presidential campaigns enjoyed the kind of turnaround Joe Biden’s did in the days leading up to Super Tuesday. How will the markets react as investors weigh Biden’s continued efforts? Are there lessons from history we should keep in mind while this election unfolds? And what impact can the coronavirus have on performance and portfolios in the months ahead? Tom Wald, Transamerica Asset Management, Inc. CIO, answers these questions and more in his latest podcast.

Dramatic volatility and fierce selloffs continue to challenge markets, leaving nervous investors wondering what they should do. How will the coronavirus impact the economy and corporate earnings? What should stock owners, or anyone considering buying stocks, remember in the current environment? Transamerica Asset Management, Inc. CIO Tom Wald answers these questions and many others in “Historic Market Volatility.”

The unique characteristics defining the 2020 presidential election are far from ordinary, and they have the potential to impact markets and investor portfolios in unusual ways. “From Now Until November: The Election and the Markets” is a series that will dive into what precisely makes the 2020 election so different from its predecessors. Join Transamerica Asset Management, Inc. CIO Tom Wald as he explores its many twists and turns in the months to come, and what they may mean for your investments.