V-shape recovery awaits US economy, 2nd wave of COVID-19 is priced in - Business Insider

Renowned strategist Tom Lee nailed the market's 40% surge from its worst-ever crash. Here are 17 clobbered stocks he recommends for superior returns as the recovery gains steam."The fear level around a second wave of the coronavirus is most likely already priced into the markets. Therefore, if we end up seeing a second wave in the fall, like some experts are predicting, it will most likely be a non-event for stock prices," Payne said.

While analysts noted that stock markets don't care about protests, they said a second wave of coronavirus caused by protests or through any other triggers would send markets tumbling. Payne's view suggests that the US economy will bounce back even in the scenario of a surge in new cases.

I thought there were a lot of jokes about 'Invisible Hand' by the economist, Adam Smith ROTFL

If the markets go up, would the second wave still be priced in?

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Inside a $40 million estate on Miami's celebrity-studded Star Island - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Last sold 04/28/2011 for $25,500,000, annual taxes are $460k, overpriced and the payments will kill you before any thief will. BTW there is another house on the island going for $27.9M
Source: BusinessInsider - 🏆 729. / 51 Read more »

Deloitte BrandVoice: The Essence Of Resilient Leadership: Business Recovery From COVID-19Resilient leaders are defined first by five essential qualities of who they are, and then by what they do across three critical time frames: Respond, Recover, and Thrive. Deloitte Only one minority in the meeting. You made a mistake. Where is the asian guy? Deloitte You're so out of touch with reality. Deloitte now is the time to hold police accountable...Direct to chain blockchain police abuse registry
Source: Forbes - 🏆 394. / 53 Read more »