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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

It's too soon to rule out another economic shutdown, Invesco's Kristina Hooper warns (via TradingNation)

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

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:

 /  🏆 12. in MY

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.

US stocks climb as investors weigh the economic recovery from coronavirus - 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. Market manipulation
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks making the biggest moves in the premarket: Novavax, Regeneron, Square, Nvidia & moreThe stocks making the biggest moves in premarket trading include Novavax, Regeneron, Square, Nvidia, and more. So is nio however cnbc rather not discuss this. Is it because it is Chinese ? Operation warp speed: Here is massive amounts of money awarded for stuff that doesn't work. Our government is so inept and corrupt it is mind blowing. I'll take $1.6 billion and give the government vaccines that don't work. I'll give them a discount and do it for $1 billion
Source: CNBC - 🏆 12. / 72 Read more »