AS lockdowns are lifted and restrictions to curb Covid-19 are eased, global economic activity is set to recover much faster than it did following other major recessions in the past. So, it perhaps should not be a surprise that equity markets have rebounded strongly from their March lows even as economic activity in the second quarter of 2020 is showing signs of a sharper contraction. Read more at The Business Times.
The S&P 500's strong rebound has been helped by the index being heavily weighted towards technology stocks that are seemingly impervious to the Covid-19 fallout.
AS lockdowns are lifted and restrictions to curb Covid-19 are eased, global economic activity is set to recover much faster than it did following other major recessions in the past. So, it perhaps should not be a surprise that equity markets have rebounded strongly from their...
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