“India’s coronavirus crisis is deepening, with hospitals buckling under increasing pressure from the second wave of infections. The South Asian country reported 259,170 new cases and 1,761 deaths over a 24-hour period on Tuesday, according to government data. It is the sixth straight day that India’s daily case count exceeded 200,000 while the daily death toll — still comparatively low — is inching higher. ”
Sad any way you cut it. (Could belong in off topic.) Just trying to get my head around how Covid is playing into investment returns.
- Is it a good time to buy Asia, EM or global funds because Covid-19 has depressed those prices relative to the U.S.? Or - maybe a bad time if you think this trend will continue?
- Is the U.S. currently ahead of other countries in the Covid (infection rate) game because of (A) better governance? (B) more money and resources? or (C) a population more receptive to vaccines along with cultural differences?
- Are investors overestimating the economic rebound from Covid-19 and bidding up some prices recklessly? If so, which ones?CNBC