How Can Wall Street Be So Healthy When Main Street Isn't
The stock market is not the economy.
The stock market is not the economy.
The global economic recovery can be described as unfolding over three stages, with the first phase of the recovery most likely to be characterized by a risk-on mentality.
As we reflect on what has transpired over the last six months, we find ourselves somewhat shocked and speechless. Collectively, the team has worked through decades of economic and market cycles and numerous global crises, and we’ve never experienced an environment like we have today. The COVID-19 global pandemic has thrown all market dynamics up in the air.
The coronavirus understandably has people worried. Here are a few of the key market points based on information provided by Manulife's strategic analysts.