Stocks rebound after another uptick in job losses — what Cramer, a former Google CEO and others see ahead

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Stocks rebound after another uptick in job losses — what Cramer, a former Google CEO and others see ahead (via TradingNation)

three areas would win out during — and possibly even benefit from — society's new normal:

"We're going to focus on telehealth, essentially broadband and access to broadband, and how and where we work. ... Now, telehealth — well, 80% of the people are going to the doctor electronically because they don't want to go to the doctor's office in case they get exposed. Well, that's a net improvement in efficiency for everyone. It's so much more convenient to see the doctor virtually than to have to go to their office and wait forever, right? That seems obvious.

"There is so much doom and gloom, and this thing is not going to last forever. There's still loads of value in the market, because the market is primarily a tech market. And there is still good value out there, and I do believe in America ... and I do believe we are going to get a vaccine. I spoke last night to a friend of mine. He's a good friend. He's CFO of. And he's not a young suit. He's an old timer.

Gabriela Santos, global market strategist at J.P. Morgan Asset Management, emphasized the importance of being selective: "If we think about the long term, we absolutely do believe we'll get through this. The economy will recover, earnings will resume their long-term trend, and equities are so important for long-term portfolio growth, even more than normal now that yields have fallen even further year to date.

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TradingNation How about some talk on the bond market liquidity issues. Why is our government buying junk bonds. What is Boeing’s bond ratings? If you’re a big Corp you have no risk. The government just bails you out. This isn’t capitalism. It’s BS, because everyone else gets Hosed

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