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.
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:
skleb1234 I see what you are doing here Forbes
skleb1234 Yea spread more fear so i can go buy more stocks at Low prices!!!
skleb1234 Which is it? Sachs doubles down and says stock market will still be great EOY, then this comes out?
skleb1234 Herd immunity here we come more financial ruin not to mention more devastation of lives
skleb1234 alxmnro ojo ahí jaja
skleb1234 DumpTrump2020.
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.
Stocks Will Take A Hit From Second Wave Of Coronavirus, Wall Street Firm Warns Clients“We’re not getting out of this without a vaccine,” Bernstein said. And that is when I will buy more. 👀👀 We're not getting out of this until we dump Trump.
Source: Forbes - 🏆 394. / 53 Read more »
Morgan Stanley says buy these five stocks that haven't caught up to the market yetNew for subscribers: Morgan Stanley says buy these five stocks that haven't caught up to the market yet Check out CNBCPro today. Pro anybody have this info ? Subscribers Pro Fire cramer. Can't stand that loud mouth bozo the clown on cnbc. BOILER-ROOM cramer and his portfolio. Please fire cramer, does cnbc great dis-service. Ego centric clown. Should have been fired ages ago. Always annoying Cramer. FireCramer Pro Apple, walmart, KOS, CPE, OXY
Source: CNBC - 🏆 12. / 72 Read more »
U.S. Stocks Open Lower as Fed Outlook Rattles InvestorsThe Dow industrials and S&P 500 fell, pointing to a steepening rout in share benchmarks as investors became unsettled by the Federal Reserve’s dour outlook as well as conflicting signals about when vaccines may become available. Welfare Queen James Athey, senior investment manager at Aberdeen Standard Investments. “Not taking away is no longer sufficient for this market. You need to do more, more, more.” Until people wear Mask,we’re never going to recover financially.
Source: WSJ - 🏆 98. / 63 Read more »
What to watch today: Wall Street set to drop with tech stocks under continued pressureTechnology stocks were set to resume their recent sell-off with the so-called FANG block all dipping at least 1% in today's premarket. BS. Tech is where growth and profits are at. Someone’s playing retail investors. CNB has become a forum for pompous CEO's & fund managers to spew trendy cliche's while bragging about their 'accomplishments' ad nauseum. Only way to stop hearing 'deplatform' to swtich to Spotify or Varney. Besides Susan Li doesn't have Sarah's whiny valley girl affect.
Source: CNBC - 🏆 12. / 72 Read more »
Goldman's 'Rule of 10' growth stocks could be the next market leadersGoldman used the so-called 'Rule of 10' criteria to identify stocks with strong secular growth prospects that could drive share price outperformance. Pro This assumes a logical investment public. I'm skeptical. Pro This is some predicted stock pricing for OpenLearning=ASX$OLL Pro Motley fool article on OpenLearning=ASX$OLL🚀
Source: CNBC - 🏆 12. / 72 Read more »
Global stocks drop after Fed's upbeat economic outlook dents chances of more stimulus | Markets InsiderReuters Equities and gold slide, dollar gains after Federal Reserve ups economic forecasts, suggesting less chance of stimulus. 'The recovery... Time for a new meeting. Or vaccine optimism?
Source: BusinessInsider - 🏆 729. / 51 Read more »