AUTHOR: TOWNE SCHERER.COM/BLOG 5/25/2020: Towne Scherer Private Wealth Management BLOG:
Pent-up Retail Demand
‘Retailers’ are seeing ‘pent-up demand’ created by the pandemic restrictions, says Matthew Boss, analyst for JPMorgan, reports CNBC 5/22/2020. E-commerce trends have been very good, and interestingly, the brick-and-mortar industry is trending up. In particular, there was a huge acceleration in April, suggesting that the trending bifurcation benefiting e-commerce and leisure brands and adversely effecting department stores is continuing.
Is this V-shape recovery kind-of-stuff…?
Promising Vaccine Data
‘Looking quite promising’ was the commentary on data relating to a coronavirus vaccine, made by Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases reports CNBC 5/22/2020. However, he noted that there has not been a full data peer review, yet, and that an extended stay-at-home order could cause irreparable damage…if too long.
Glass half full…glass half empty… Glass half full…glass half empty….and so on….
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.