Biggest risk to U.S. stocks is another economic lockdown, Invesco's Kristina Hooper warns

Invesco's Kristina Hooper is worried the latest coronavirus spike will push states to close their economies again.

"Up until now the U.S. has been rewarded because of expectations that we wouldn't see any kind of significant lockdowns even if infection rates grew," the firm's chief global strategist told CNBC's " " on Wednesday. "But the reality is that when the hospitals fill up and there are no more beds, then governors are forced to reimpose lockdown measures."Asia emerging markets, including China"The United States is unique in that it has not been able to control the virus," Hooper noted."Valuations are more attractive. That's true for European equities.

TradingNation The next 'lockdown' will be primarily voluntary as people avoid rampant contagion.

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