Don’t Look to Stock Market to Tell You When Virus Crisis Is Over
- Equity investors seem to be betting that all will be well
- They could be getting ahead of themselves, according to RBC
Source: Bloomberg
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Take a gander at a chart of the S&P 500 Index and it sure looks like traders expect the coronavirus crisis to end quickly and the economy to roar back. One might think that the only thing to wait for is an all-clear signal -- a cue that marks the conclusion to the Covid-19 calamity and the return of the boom times.