...because you never know - until you do!
-
Risk swings negative again amid further US states reversing economy re-openings
There still seems to be a fine balance struck between whether markets lean positive or negative on any given session. Sentiment fluctuates between bullish and bearish. Hopes for vaccine and treatment drugs are still able to boost sentiment, but the traction seems to be limited now. The weight of concern comes with the economic impact on the US economy from rising COVID-19 infection rates. Consistently over 60,000 new cases per day, is driving the need to reverse re-opening measures. The state of California closing bars, restaurants and other businesses is a concern for retail sales recovery and consumer confidence. ... (full story)