Credit Suisse global strategists cut their rating on U.S.
stocks to a slight underweight and raised European equities to a small overweight because Europe appears to be handling the"Significantly, a correlation between the gap in new daily infections and the relative performance of European equities relative to US equities in USD terms is starting to emerge," according to Andrew Garthwaite and the other strategists.
Pro Evidence is showing up in Florida that the books are being cooked. Tests pending results have been listed as probable for COVID19 skewing the Data. The numbers being released feed fear more than they help scientists. tt:VP PressSec CDCgov DrBirx DrFauci
Pro Dumb, if consumer spending drops in US then Europe will hurt too. Asia can’t make up all the lost travel revenue
Pro Market is reacting to testing. Yes we test more thus more cases however Cure eft holding up, QQQ hit our stops today, SPY is up for now....SQQQ is opposite udow wich is up, utilities stagnent, defensive staples not mirroring mrkt. Sorry no space 2 type. StayAtHome buy QQQ