Resource:

Markets

Financial Markets Amidst COVID-19

*As of June 15, 2020

Over the past few months, unemployment rose to all-time highs and corporate profits dropped as COVID-19 rippled across the globe. Despite the impending economic collapse, financial markets recovered quickly after the initial downside shock of the pandemic and still remain strong. In April, the S&P 500 experienced its best month in over 33 years. The obvious question that comes to mind is why the financial markets continue their “bull-ish” rise when COVID-19 continues to disrupt everyday life. 

 

Here are some reasons to consider on why the financial markets keep going up:

Federal Reserve
Surges of Optimism
Big Tech

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HerCapital is not a registered investment, legal or tax advisor or a broker dealer. All investment / financial opinions expressed by HerCapital are intended as educational and reflect the personal research and experiences of the team. HerCapital holds no responsibility or liability for any errors, losses or damages incurred as a result of any individual actions based on the provided information on any of our communication platforms or events.