Voya’s Reinhard: Stimulus A Key Factor In Global Equity Markets
Voya Investment Management Head of Asset Allocation Barbara Reinhard was recently on Bloomberg discussing market volatility, China, and last week’s late-stage rally. Looking at the recent stock market recovery from December lows, Reinhard said Voya believes markets are overbought. She said that “to have had the significant rally that we’ve seen in U.S. equities, which are up 18 percent from recent lows...it’s not unusual to see these types of pullbacks.”