7.15.2020

 

This strategist says investors are in the 'forest of make believe' when it comes to growth stocks - MarketWatch

"Our call of the day, from Nordea's senior macro strategist Sebastien Galy, says it is time to get more cautious on those highflying growth stocks."

 

A Stay-at-Home Stock Market Kept Investors Afloat - Bloomberg Opinion

"There's a rational explanation for the buoyance of U.S. equities even in a capsized coronavirus economy."

 

Here's the Long-Awaited Data on Moderna's Vaccine Trial. So Far, So Good. - Barron's

"Moderna's announcement of positive data on a Phase 1 trial of its Covid-19 vaccine in May was met with skepticism from some experts, who noted that the company had not included much detail on the trial's outcome in their press release. Now, two months later, that detail is here."

 

Bank Earnings: Main Street Blues vs. Wall Street Boom - WSJ

"Investment banking has been working in banks' favor, but lending to consumers and companies is under increasing pressure"