, why are these businesses at crazy valuations?' They're not crazy valuations. They are the engine of transition.""I think it's going to be two recoveries. You're going to have the investor class at the top that has the benefit of higher education and relationship capital and lots of liquidity.
We need to reconnect the ladder.""The first half of this year turned out to be somewhat worse than we anticipated in April. In many countries, the period of the lockdown was extended. And going forward we expect to have much more persistent social distancing because the health crisis is not over. And that's going to have an effect also on potential growth. So these factors led to the downgrade.
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:
TradingNation
TradingNation Kevin O'Leary is so right it hurts. Stay Tuned he's got more insights.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks under pressure after spike in coronavirus casesAsian stocks were expected to come under pressure on Wednesday, as a spike in new coronavirus infections weighed on sentiment, although U.S. assurances that the China trade deal was intact and upbeat economic data provided some reasons for optimism. China is not Asia. It is One China, a different place. Laurie_Garrett It is difficult to understand, but 'the price' of the covid is already assumed in the current price of the shares. Laurie_Garrett January Redub.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks open lower on Wall Street as coronavirus cases surgeStocks are opening lower on Wall Street as investors are discouraged to see a surge in new coronavirus cases in the U.S. to their highest level in two months. The S&P 500 fell 0.6% in early... Who saw this coming? Oh yeah: everyone. Everyone saw this coming. The sheeple are about to learn a hard lesson in economics. The illusionary credit system is toast.
Source: AP - 🏆 728. / 51 Read more »
Stocks Pullback, Virus Cases Spiking, Dell & VMware by Squawk on the StreetSquawkStreet It's surprised the healthcare sector doesn't do that well either. Maybe 2.2M people in/out hosp. won't buy pharm stocks 'cause med doesn't meet their expectation.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks slide lower on Wall Street as coronavirus cases surgeStocks are moving sharply lower on Wall Street after new coronavirus cases in the U.S. hit their highest level in two months Close the Southern border...🤯 WadaJP またドル円101の世界が来ると良いのですが。 The markets are being manipulated as much as possible by the Trump administration. However, with the continued rise of Coronavirus cases the numbers will not hold. The chickens will have finally come home to roost under the abysmal presidency of realDonaldtrump
Source: ABC - 🏆 471. / 51 Read more »
Asia Pacific stocks set for mixed start as Fauci warns of surge of coronavirus casesWhite House health advisor Dr. Anthony Fauci said he was 'quite concerned' about the rise in coronavirus cases in states that 'reflect an increase in community spread.' jimcramer - That 4th of July play is really interesting...
Source: CNBC - 🏆 12. / 72 Read more »
Stocks move lower on Wall Street as coronavirus cases surgeStocks moved broadly lower on Wall Street in early trading Wednesday as investors turned cautious after new coronavirus cases in the U.S. climbed to the highest level in two months.
Source: latimes - 🏆 11. / 82 Read more »