Investors should question buying U.S. stocks right now, strategist says

Toogood said that a lot depended on the "tug of war" between government stimulus and fundamentals.

"The fundamentals are going to stink, there is no question the earnings are going to be extremely challenging. And the bridge is the fiscal stimulus.", is expected to take a significant hit from the pandemic, with the IMF predicting gross domestic product in the United States will contract by 5.9% this year. In a bid to mitigate the economic impact of the crisis, Congress has approved aToogood said that many fund managers remained invested in U.S.

Investors were now attempting to work out whether they would need to dismiss 2021 corporate earnings, as well as this year's, he added. Government-imposed lockdown measures, coupled with supply and demand shocks from the coronavirus crisis, hit corporate earnings in the first quarter. A slew of U.S. companies, including

Investors should sell China based listed company stock like Luckin and Alibaba right now. Especially in Hong Kong. CommonSense

Get in suckers Get in.

the causes of the stock market crash of 1929 included a declining production unemployment had risen, low wages, struggling agricultural sector and an excess of large bank loans that could not be liquidated. This created high debt leaving stocks in great excess of their real value

The WS clever pick stocks to get money out of the foolish investors, without hurting their stock manipulation scheme. Not surprise to hear the fools are out of business, even the gov tries to fuel money to the fool to stay in.

I’d like to see the order history of this strategist!!

I think the worst collapse in history is coming.

Who the fuck is buying then? This market goes up every day

ya think

Better...

why? they always go up!

Govt has substituted debt for taxation for decades. Economy gas plenty of wealth to pay for stimulus payments but it means taxing and redirecting weath believed to be private possession if the rich.Stock traders are making billions from the outbreak and will hide profits fromtax

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks mostly lower at open ahead of testimony from Powell, MnuchinU.S. stocks opened mostly lower on Tuesday as investors eyed Congressional testimony from Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell in the morning.
Source: MarketWatch - 🏆 3. / 97 Read more »

S&P Futures Rise; Global Stocks MixedU.S. stock futures rose, while international markets were mixed, as investors continued to weigh the prospects for economic recovery from the coronavirus pandemic. They don't look 6 feet apart.
Source: WSJ - 🏆 98. / 63 Read more »