Date: Tuesday, February 25th, 2020
Source: Barron’s (https://www.barrons.com)
Summary: Strategists largely expected a short-term hit from the virus with a sharp rebound once companies try to recoup some of the lost demand and central bankers offer stimulus. But there is growing uncertainty around the shape of any possible recovery.
Full article address: https://on.barrons.com/37YXeBX
$SPX $DJIA $LNC $AIG $WLTW: Insurers will start reporting earnings soon. Stocks in the sector have underperformed the broader market because of uncertainty about the fallout from Covid-19. Earnings estimates haven’t fall much yet.
$DJIA $SPX $COMP: Stocks tumbled Wednesday as indexes set their worst start to a quarter on record. Deaths and illness from the coronavirus pandemic will cause a “very, very painful two weeks,” according to President Donald Trump.