Risk of Second Wave of COVID-19 Lockdowns

Many investors are eyeing the politics surrounding the U.S. elections as a major factor for the market in the coming months. But, the politics of a potential return to national lockdowns in response to the resurgence of COVID-19 cases may be a bigger potential market mover for investors to consider. A widespread return to national lockdowns would likely mean a return to recession for the global economy and a bear market for stocks. The potential for a return to lockdowns appears to be on the rise, pressuring stock prices in September. U.S. virus cases have started to tick back up again, while parts of Europe are … (full story)

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