Stock market investing strategy during coronavirus outbreak: JPMorgan - Business Insider

Join BI PrimeDavid Kelly, chief global strategist for JPMorgan's asset management business, says stocks will do well even if the recovery from the recent market plunge is very slow.will keep spreading despite the ongoing efforts to contain it.

Specifically, he's considering an outcome where efforts to contain the virus through social distancing fail and infections continue to grow — but stocks perform well anyway. That means the virus will become a long-term issue that people and businesses will have to manage, and will re-shape life even after effective treatments and vaccines are developed.

Kelly continued: "It's probably permanently damaging to the business travel business. Maybe a little bit less so far for vacation travel, because I think everybody will want a vacation when this is over."

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock picks to buy: 17 cash-rich companies built for coronavirus recession - Business Insider'If you're going to dip a toe, start here': Citi says these 17 cash-rich stocks are perfect for traders seeking cheap opportunities in a coronavirus-hit market
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

4 smart places to put your money when the stock market tanks - Business InsiderTurn to high-yield savings accounts and CDs for low-risk returns. But, investing in your brokerage and retirement accounts is still smart. High yield!! Yeah right.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »