The stock markets had dreamed of a V recovery. But in some parts of the world, the number of people infected with the coronavirus is rising significantly. This is especially true for the southern states of the USA. For the stock markets, which had already fallen sharply on Thursday and then recovered on Friday, this is now becoming an increasing problem! One could say: “Coronavirus for cheap money”. Up to now the stock markets had focused on cheap money and priced in the best of all worlds. Now it appears that the coronavirus will not be defeated so quickly. And that in turn means that the economic recovery will not be the same as that already priced in by the stock markets.
What is the greatest risk for the stock markets in the short term? What has already been priced in tonight on the Asian stock markets and US futures with major losses: namely the spillover of […]
At 36.6, the Chicago purchasing managers’ index (June) was significantly weaker than expected (forecast was 45.0; previous month was 32.3). What happened to the V-Recovery? Please follow and like us:
Have the US stock markets broken their trend recently after the massive rally? Above all, the Nasdaq and the bank index (ETF BKX) show trend breaks that need to be “repaired” quickly. Yesterday Nasdaq posted […]