Stocks could tumble 20-30% on a 2nd-wave virus spike and China tensions, warns one long-standing market bull | Markets Insider

Longtime market bull Ed Yardeni sees escalating US-China tensions and rising coronavirus cases placing significant pressure on the stock market's steady rise.

Investors might be best off searching for value abroad, as markets in China, Japan, and Europe"are a heck of a lot cheaper than ours," the president of Yardeni Research said.The stock market's rally from March may face a reckoning due to newly inflamed US-China tensions and soaring coronavirus cases, according to Ed Yardeni, president of Yardeni Research.

"Overall I think the bull market is still intact but I think investors have to be concerned about a few things in the US," he said onRead more: For one, the US doesn't"seem to be handling the opening up of our economy" as well as governments in Asia and Europe have, Yardeni said. US coronavirus cases continue to climb, albeit at a slowing pace, and fuel concerns of a prolonged recession. The positive economic data seen in May and June is"vulnerable," Yardeni said. Reversed reopenings stand to quash prior progress and halt stocks' run-up.

This doesn’t matter! ETFs and index funds are always up over long time horizons! Time in the market always beats market timing!

meanwhile Ohio House Speaker arrested after FBI raid in $60mn nuclear oilandgas racketeering probe. Bribery LiesofLies CORRUPTION and more LiesLiesLies ExposeThemALL

The Fed has been propping up the market because it's all Donald has to brag about. It's a lie and also THE STOCK MARKET IS NOT THE ECONOMY.

Not much of a prediction. Stocks could always tumble 20-30%.

He knows nothing ! In 1st virus wave DJ go from 20k to 27k I guess in second virus wave we will see 45000 Dow JONES !!

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.

Tesla Is a Hit in China but That Doesn’t Mean Chinese EV Stocks Are a BuyHeard on the Street: Chinese electric-vehicle stocks are hot. Actual EV sales in China—not so much. Data from China being manipulated to benefit financial interests? You’re kidding 19年中国电动车销量是亚洲第一也是世界第一 Okeeey
Source: WSJ - 🏆 98. / 63 Read more »

US stocks trade mixed as investors wait for new coronavirus stimulus from Congress - 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. The stock market can only levitate on stimulus and money printing. Investors want money to play a game 98% want money to eat.... let that sink in ResignNowTrump FacadeStocks
Source: BusinessInsider - 🏆 729. / 51 Read more »

Euro, euro zone bond markets hold out hope for recovery fund; stocks higherThe euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for the bloc's pandemic-ravaged economy on Monday, while the region's stock markets inched cautiously higher as talks paused.
Source: Reuters - 🏆 2. / 97 Read more »

These stocks, including Netflix and Morgan Stanley, saw the most price target hikes recentlyNew for subscribers: These stocks, including Netflix and Morgan Stanley, saw the most price target hikes recently Check out CNBCPro for a free trial.
Source: CNBC - 🏆 12. / 72 Read more »

Cramer says moves in tech stocks are 'truly insane' as Amazon and Tesla climbThe 'Mad Money' host said the moves in three large tech companies were 'unlike anything I have ever seen in my life.' Because the stock market is rigged by the rich The trend is your friend! $TSLA is not a car company, it’s a state of mind
Source: CNBC - 🏆 12. / 72 Read more »