That's the ultimate question for investors and market experts in the wake of
"We now expect 3 quarters of a 'growth recession.' Broken global supply chains will deplete inventories and delay investment," she wrote. "But what concerns us more is an adverse feedback loop between consumers and markets." "Both the spread of the virus and the lack of more material economic countermeasures to offset its impact have worried markets," he said., goes further and points out that opinions among investors seem sharply divided. While stocks are nosediving, he thinks there are also signs of real optimism in contrast to the downbeat bond market.
"We've continued to sense that the long-only community hasn't been doing much in terms of repositioning portfolios for the coronavirus," she said. She sees that as evidence this slump will most likely end up as a "growth scare," which she's defining as a drop of 14% to 20% for major indexes.Mark Haefele, chief investment officer for UBS Global Wealth Management
"It is difficult to say that any country has a full handle on containment at this point," he wrote. "Modeling the range of potential scenarios for this type of viral outbreak is imprecise because the unknowns make the range of possibilities wide."says the outbreak is likely to wipe out profit growth for US companies this year
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »