Steve Sosnick, Interactive Brokers’ chief strategist, discusses how the stay-at-home stocks that led the market higher may also lead it lower.
As a late summer surge in Europe shows, the virus is having a corrosive impact on economic growth.
Is the US next as we head into the winter flu season?
Photo Credit: Michel Craig via Flickr Creative Commons
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“Investments traditionally considered safe are, paradoxically, not now safe.”
No one will know for sure, but I could imagine that if the end-of-quarter activity drove today’s gains, the rally likely won’t last and, more importantly, could be given back pretty fast.
Commentary from Small Cap Value portfolio manager Spencer Grimes.
