What’s next after market surge?
Jul 13, 2020 at 11:02 am
Bouncing back: stock markets including the New York Stock Exchange rebounded strongly during the second quarter
Due largely to unprecedented government stimulus programmes, global markets recovered strongly in the second quarter. The S&P 500 gained 20.54 per cent while the MSCI World Index recovered 19.57 per cent, marking the best quarterly performance is 1998. Initial gains in the consumer staples and healthcare sectors were followed by a recovery in consumer discretionary stocks. Meanwhile, information technology remained a bright spot as the Nasdaq touched a new all-time high.
Got article from friend.
Reasonable assumptions and input regarding current market conditions...maybe good to consider adding to health care and biotechnology & tech for near future and intermediate longer terms