Global earning estimates for the next 12 months show expectations have been cut sharply.

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This Bond Market Signal Indicates the Bear Market Isn’t Over Yet

The price action of high-yield corporate bonds will signal to investors when the bear market triggered by the coronavirus pandemic is truly at its bottom, according to Longview Economics.

Treasury Secretary Warns of ‘Permanent Economic Damage’ if US Doesn’t Reopen

Treasury Secretary Steven Mnuchin said on May 10 that reopening the economy must be done in a strategic way, but he stressed that “permanent economic damage” might be done if lockdown measures aren’t lifted.

 

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