This may be ‘the sharpest and shortest recession in history’: Market analysts on what to watch now

Posted on AllSides May 27th, 2020
From The Center

The market appears to be at a make-or-break juncture.

Stocks rose in volatile trading Wednesday as Wall Street applauded the partial reopening of the U.S. economy. The action was mixed as bank stocks climbed, but tech-focused stay-at-home plays fell.

Market analysts and economists are largely at odds when it comes to pinpointing a timeline for recovery.

Here’s what four of them said Wednesday:

A new playbook: David Lebovitz, global market strategist at J.P. Morgan Asset Management, said many questions remain about the reopening process, which is why he’s staying cautious:...

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https://www.cnbc.com/2020/05/27/coronavirus-stock-market-whats-next-amid-reopenings-recession-fears.html

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