Even though stock hedge funds are having their best year since 2009, they're still trailing the benchmark S&P 500.. "Markets have finally woken up to the threats being presented by COVID-19," Michael Every, a senior Asia-Pacific strategist at RaboResearch, said in a morning note.. The veteran executive, who took family vacations to Walt Disney World as a child, spearheaded key changes in Disney's consumer products and parks divisions..
The two world leaders have agreed to "promptly" conclude ongoing trade talks in pursuit of an initial agreement.. The power producer is restructuring amid bankruptcy proceedings, and trying to bounce back after its equipment in California was blamed for the deadly wildfires.8.. European equities dropped with Germany's DAX down 1%, Britain's FTSE 100 down 0.7%, and the Euro Stoxx 50 down 0.9%. Asian indexes closed in the red with China's Shanghai Composite down 0.
Equities are wildly overpriced through speculation and a juiced up monetary policy. COVIDー19 is only the catalyst.
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