The new coronavirus has upended expectations for the riskiness of individual stocks, a shift that has stoked major indexes’ recovery but that many investors now warn leaves the market vulnerable to reversals.
Shares of many technology and pharmaceutical companies have looked like safety plays during the pandemic. Other stocks that have long been considered defensive bets during a downturn, such as those of real-estate and utility companies, have suffered steep losses.
And lose their biggest contact in the world to be left with Trump’s politics. That would be the biggest disaster since ww 2.
Coffee please
The country with the greatest economy, best hospitals, best colleges and universities, most Nobel Science Laureates,... and the corona virus is RAGING in Florida, Texas, Georgia, Arizona, etc. LEADERSHIP?
For a thoroughly researched and eye-opening read on this subject, check NaomiAKlein Shock Doctrine you won't regret it.
NYC has seen its first rent decline in decades! I wonder why?
As long as the Fed is propping up things, stock market doesn't care what's actually happening with jobs, main street, or economic risk factors. When PPP runs out, it's like musical chairs and there won't be any chairs left.
The global government prevents you from going to the gym. How did we get here?
If there is no press involved in the market then everything will be fine.