IMF warns investors that global stock market rally is a gamble

by LeadingChallenge2

Global stock market rally is a gamble: IMF warns investors www.theguardian.com/business/2020/jun/25/global-stock-market-rally-is-a-gamble-imf-warns-investors?CMP=oth_b-aplnews_d-1

Fed Caps Bank Dividends, Bans Buybacks Through September www.bloomberg.com/news/articles/2020-06-25/fed-caps-bank-dividends-bans-share-buybacks-through-september?

UCLA economist predicts U.S. economy won’t recover from coronavirus until 2023 www.marketwatch.com/story/make-no-mistakethe-pandemic-morphed-into-a-depression-like-crisis-says-ucla-economist-who-predicts-us-economy-wont-recover-from-coronavirus-until-2023-2020-06-25

Nike reported decline in sales and profits www.cnbc.com/2020/06/25/nike-nke-reports-q4-2020-earnings.html

Time to take profit off stocks because 90% of the companies would announce decline in revenues and profits as businesses were shut for 2/3 (April and May) of the quarter. What are your thoughts?

U.S. Economy Might Not Heal by Next Year, Putting Stocks at Risk of Correction

The U.S. economy might not fully return to normal until 2022, and the market is at risk of a correction later in the summer, a leading economic forecaster…

 

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.