Dara White | Source | Head of Global Emerging Markets Equity at Columbia Threadneedle Investments
Dara White
Head of Global Emerging Markets Equity at Columbia Threadneedle Investments
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Columbia Threadneedle Investments (http://www.columbiathreadneedle.com/)
Head of Global Emerging Markets Equity
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Has The Coronavirus Bottomed Out? Wall Street Thinks It’s Close
Death tolls mounting. Workers supposedly going back to work. Wall Street just ready for Dow 30k.
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When this rate (of new infections) reverts to linear rather than exponential growth, we will be more comfortable calling a market bottom. We expect an economic impact, but a transitory one, with a quick rebound in growth once the virus is contained. The market will look through any earning misses or reduced guidance once containment is in sight.
