Top strategist worries the coronavirus spike is pushing stocks into a 10% correction (via TradingNation)
Federated Hermes' Phil Orlando warns there are three near-term risks that could drag stocks into a correction.
"Who's to say that the difficult data that we see next month is not contained to the second quarter," he added. "The market to some degree may be worrying that the recession extends into the second half of the year." This is Orlando's second pullback warning in the last month. He told "Trading Nation" in late May there was a
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Beware of the second coronavirus wave, British medics warn politiciansTop medics have warned British political parties that local flare-ups of the novel coronavirus are likely and a second wave is a real risk.
Lire la suite »
Beware the second coronavirus wave, British medics warn politiciansTop medics have warned British political parties that local flare-ups of the novel coronavirus are likely and a second wave is a real risk.
Lire la suite »
5 things to know before the stock market opens WednesdayDow futures dropped Wednesday as new U.S. coronavirus cases spike higher in a number of states.
Lire la suite »
What to watch today: Dow set to fall as U.S. coronavirus cases surgeDow futures are dropping Wednesday as new U.S. coronavirus cases spike in several states.
Lire la suite »
Dow Falls Over 200 Points As Investors Worry About A Resurgence Of CoronavirusThe market is growing increasingly worried about a spike in new coronavirus cases.
Lire la suite »