Stocks are 'on fire' but a second covid-19 wave isn't priced in: deVere

Stocks are 'on fire' but a second covid-19 wave isn't priced in: deVere

US stock markets might be 'on fire' as earnings season begins -- but Wall Street has not priced in a second wave of covid-19, the CEO of deVere Group warned today. The warning from Nigel Green comes as the S&P 500 gained over 2% in early trading, following gains in European and the Asia-Pacific markets. Green noted: "This week, with earnings season underway, we are going to see just the beginning of how corporate America and Europe have been hit by the coronavirus pandemic. The results ...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.