Market Update for June 18, 2020
Is this rally for real?
The S&P 500 Index has rallied close to 40% off of its March lows, but it doesn’t seem like the market should be doing this well with unemployment over 13%, millions of initial jobless claims, social unrest, and a presidential election on the horizon. What should investors consider in such an environment? Director of Research, Ed McIlveen, shares his thoughts in this market update.
The summary/prices/quotes/statistics contained herein have been obtained from sources believed reliable but are not necessarily complete and cannot be guaranteed. Past performance results are not necessarily indicative of future results.