The 10 Minute Take - How renewed COVID fears rattled stock markets

Jun 12, 2020 | Brian Moore


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The 10-Minute Take podcast provides insights from RBC economists and market experts on events unfolding around the globe. Featuring George Davis, Chief Technical Strategist in Foreign Exchange Trading at RBC Capital Markets.

The 10 Minute Take Podcast

Global stock markets plunged after the U.S. Federal Reserve issued grim economic projections for the rest of 2020 and beyond. Budding investor optimism was quickly replaced with the sobering reality of a weak economy and a jump in COVID cases in some U.S. states. Will we see the Fed intervene again? And what could the stock market rout mean for other asset classes? George Davis, Chief Technical Strategist in Foreign Exchange Trading at RBC Capital Markets, shares his take on what’s behind the latest market movements.

 

Click here for the full podcast; The 10 Minute Take.