FILE PHOTO: A trader wearing a mask reacts at the closing bell, on the first day of in person trading since the closure during the outbreak of the coronavirus disease on the floor at the New York Stock Exchange in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid/File Photo
The May 12-27 Reuters polls of over 250 analysts across Asia, Europe and the Americas, showed predictions broadly focused on economies and businesses swiftly reopening from lockdown, with 11 of the 17 indexes expected to rise from here by end-year. That disconnect between what equity markets are pricing in and economic prospects is coming under closer scrutiny.
“But macro weakness is also important, as after a major employment shock and a possible COVID-19 second wave, consumers may be slow to recover globally. The Fed has indicated a very slow recovery,” he said. While 2021 was projected to be better for stocks than this year, only four indexes were forecast to recover 2020’s lost ground and 16 were not expected to reclaim pre-pandemic peaks until at least 2022.
Jan.1, 2019 stock market started at 23,346. Today it's 25, 675 How can this be the worse year in decades? Is Reuters trying to lie more than FAKE NEWS CNN? Get your facts CORRECT.
What a shocking STORY
Dammit Obama.
Stocks? It's turning out to be the worst year for people in a century
Love to see it. Replace it with the stalk exchange
Wall Street got trillions in free money from the feds, money that goes on the debt of our kids. Now they will take that free money, declare bankruptcy and walk away from their debts to restart again fresh and will get more fed money.
Good. It better be. Atrocious to see the ultrawealthy getting richer from the rest of us dying.
Polls and models are proving more & more WORTHLESS
Good to see the bears are still alive.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. stocks to end year around current levels as virus takes toll: Reuters pollU.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to strategists polled by Reuters. cvaletkevitch In augury of the downfall of the Abe political power, His intimate bureaucrats are running to get dressed the huge amounts of taxes. cvaletkevitch When your first cite is an analyst saying nobody knows, it’s hard to take forecasting seriously. The article provides no reason to. The specific nature of the forecasting is part of the illusion that it could mean something. cvaletkevitch As the 🇺🇸US-🇨🇳China trade demonstrated China🇨🇳is a strong engine for: the 🌏Economy, regardless🇺🇸US relentless attacks, a multipolar 🌏🌍🌎is in need of China's🇺🇸 support&cooperation to rescue their economies.
Source: Reuters - 🏆 2. / 97 Read more »
A long and winding road to recovery for European stocks: Reuters pollThe recovery from the coronavirus financial crash will take time for European stocks which are expected to end 2021 around 10% below this February's record high, a Reuters poll of about 30 fund managers, strategists and brokers showed. AlessioUrban Amazing choice of photo
Source: Reuters - 🏆 2. / 97 Read more »
Brazil stocks to slog through worst year since 2008 as pandemic strikesBrazilian stocks will keep slogging through a year that is shaping up as their worst since the global financial crisis of 2008 due to concerns over the handling of the coronavirus pandemic and its impact on local companies, a Reuters survey showed. Hey everyone: Off topic however very Important!! Your retweet determines if Jaydensvoice gets heard or not!!!!🗣️🗣️🗣️🗣️🗣️🗣️🗣️🗣️🗣️🗣️🗣️🗣️ HeyJaydenlook Please just one retweet can help him a thousand ways! Trending 🤗 Who could have guessed that electing Brazil's Trump would lead to a complete disregard of the seriousness of the coronavirus?
Source: Reuters - 🏆 2. / 97 Read more »
Traders are watching these stocks as an early indicator of how the economy reopening is goingNew for subscribers: Traders are watching these stocks as an early indicator of how the economy reopening is going Check out CNBCPro for a free trial. Pro World economic prospects darken, rebound delayed simonting
Source: CNBC - 🏆 12. / 72 Read more »