MORGAN STANLEY: The stock market is entering a new phase of a playbook that's thrived in past recessions. Here's how to tweak your portfolio to take advantage.
"This is, in part, a reflation story. The market sees conditions as ripe for a strong and sustainable period of economic recovery," said Lauren Goodwin, economist and multi-asset portfolio strategist at New York Life Investments. "It's also become a story of defeating COVID-19. Beyond the traditional cyclical upswing, we saw a strong rotation into companies and sectors most deeply impacted by the virus.
Still, the rally isn't perfectly impartial. An equal-weighted version of the S&P 500 remains 2.6% lower this year having tumbled far more on initial coronavirus fears than its more popular peer. A spate of positive signals has fueled the index's run-up in recent weeks. Investors initially shrugged off nationwide protests against police brutality to bet on economic reopening. Indexes tracking the US services and manufacturing industries pointed to stabilization after months of sharp decline.
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:
It’s the dimwit Hertz rally. Mercedes prices for lemon Hyundai quality.
You mean investors bet on swift money printing
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Look inside a converted Rhode Island fire station for sale - 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. When you feel like giving up, remember why you held on so long in the first place. Never give up on your dream! I mean, they can’t get credit for keeping the fire pole. No sane person would remove the fire pole PTeach111 Wow. That’s quite a place.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside clash between Minneapolis police and union: Arradondo and Kroll - Business Insider[THREAD] 👇 Chief Medaria Arradondo — Minneapolis' first black police chief — once sued the city and the department, alleging racial discrimination. He’s attempted to institute meaningful reform, but has been met with resistance from the police union. Criminal justice experts say police unions impede meaningful reform in city police departments by protecting aggressive cops. In addition to advocating for higher wages, unions sought to protect job security by limiting disciplinary transparency. Here you go...here’s a really good way to reform police departments...target the unions...they’ve been hindering reform for years and protect bad cops when they shouldn’t be protected DemocRAT run Minneapolis right ? ...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside McDonald's response to George Floyd protests - 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. No junk food. They save lives.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Motels and RVs: how coronavirus has changed what travelers want in 2020 - 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. World Health Organization said In a way, nature is sending us a message with COVID19. We have pushed nature into a corner.A coronavirus vaccine is thought to be 12 to 18 months away, while WHO emergencies director COVID19 My life isn't perfect. But I'm thankful for everything I have.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Japan stocks set to rise as U.S. jobs data bounces unexpectedlyStocks in Japan were set to trade higher at the open on Monday after U.S. jobs data released Friday hadan unexpected jump, spurring hopes of an economic recovery from the coronavirus pandemic. REPORT THE TRUTH ABOUT THE JOBS NUMBERS! Us jobs data was false You just keep pumping up those faked numbers. Almost seems like market manipulation, just like Trump.
Source: CNBC - 🏆 12. / 72 Read more »