Stocks Will Take A Hit From Second Wave Of Coronavirus, Wall Street Firm Warns Clients

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“We’re not getting out of this without a vaccine,” Bernstein said.

Much like what is happening in Europe, the United States will likely see a second wave of coronavirus that will hurt markets and slow the reopening of the economy, Wall Street investment firm BernsteinBen Hasty/MediaNews Group/Reading Eagle via Getty ImagesThursday that Europe is facing a “very serious situation” as countries like Spain and France see an alarming rise in new cases of coronavirus.

The best case scenario, according to Bernstein, is that the most recent U.S. hotspots can stabilize at around 60 cases per million people per day—roughly the level held in the northeast region since it endured its first wave in March and April.

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😂😂😂😂😂😂😂😂

Forbes stick with economics, not politics. Stop working for the Democrats. Ppl are over it. Especially, with a 99.9% survival rate.

👀👀

We're not getting out of this until we dump Trump.

And that is when I will buy more.

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