View all newsletters
Receive our newsletter - data, insights and analysis delivered to you

Investors may be too optimistic of rapid economic recovery

By Paul Dennis

22 June

Stock markets have been performing above average despite a warning from the World Health Organisation that a new and dangerous phase of the pandemic is emerging.

The possibility of a fourth phase of stimulus package in the US and reopening of the economy are some of the factors fuelling this performance, leading investors to predict a quick V-shaped recovery.

The huge impact of the pandemic and a possible resurgence of cases may not lead to such a quick recovery.

Timothy McBride, Bernard Becker Professor at the Washington University, shared an article on how some investors are too optimistic of a quick economic recovery.

The article notes that stock markets are performing well in the US despite the rise in the number of Covid-19 cases.

Over the last few weeks, markets have performed above average prompting some investors to predict a V-shaped recovery, the article adds.

Such projections seem premature as they do not take into account the permanent damage caused by the pandemic.

Read more

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Key drug pipeline and competitive landscape changes based on the latest clinical activity, sent every Tuesday. Curated analysis and data-driven insights on clinical trials strategy and operations, sent every Thursday. The pharmaceutical industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Clinical Trials Arena