Stock market is headed for choppy waters amid worries that a return to normal will elude the U.S. ec
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Market Watch) In some corners of Wall Street, investors are casting doubt on the notion that the economy will switch back to high gear after the coronavirus pandemic passes.
The worry is that the battle with COVID-19 could leave a more cautious consumer even after the pandemic is brought under control. If changes in human behavior stemming from efforts to contain the disease persist, it could portend a more gradual economic recovery and a more bumpy road for stock-markets this year.
Its too soon to tell, but I think its going to be a slow grind higher for markets. Im trying not to stay fixated on the economic path, all I can say with confidence is markets will be very volatile in the short term, said Anwiti Bahuguna, head of multiasset strategy at Columbia Threadneedle, in an interview. .......(more)
https://www.marketwatch.com/story/stock-market-headed-for-choppy-waters-amid-worries-return-to-normal-will-elude-us-economy-2020-04-04?mod=home-page