Shesa's June - July 2020 Investment Blog
June - July 2020 - INVESTMENT BLOG By Shesa Nayak WELCOME to my June - July Investment blog! U.S. Stock Market Update After the collapse of stock market on 23 rd March, all indexes have bounced back significantly and recouped most of their losses. Some indexes have already gone to the positive territories for the year. The stock markets have been rising with the belief that Fed will simply throw trillions of dollars at the economy , flat-out preventing stocks from crashing , headlines that investors are sitting on the biggest “pile of cash ever" according to the Wall Street Journal. Even more-seasoned investors getting lured into questionable stocks, which historically doesn't end well. I will describe that the stock market comeback has nothing but monumental! Having said that, we have still not seen the level of exuberance that we saw during dot-com boom. Recently, more than 40 million Americans have applied for unemployment ins...