The View from 5th Avenue

The View at Two – 4 May 2020

Don’t Make it a Habit… The S&P is trying to avoid its first 3-day losing streak since early March but there hasn’t been much enthusiasm to start the week. The tone is risk-off as Value names take another beating, but quiet volumes and a less “sexy” slate of earnings indicate the market is in a bit of a no-man’s land, unsure where to get next after surviving the initial plunge and subsequent furious rebound.

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