Even senior management at Temasek may find their bonuses trimmed as much as 15%, as investors contend with the disease’s impact.
$124.6 billion Mandatory Provident Fund says virus ‘has affected the investment market worldwide.’
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Pummeled shares will take a lot longer to recover than normal, Allianz economist says.
Earnings growth is threatened by the epidemic, which has shut down much of China’s economy, strategist says.
The effect of the outbreak has been ‘exaggerated,’ hedge fund honcho declares.
Unexciting economic growth and the Chinese virus are among the ills that could ruin predictions of an electrifying rebound.
The coronavirus may be the disastrous surprise that overwhelms public health officials and slams the markets, the firm's Lonski admonishes.
Hedge fund honcho thinks current wacky times could be headed for a popping bubble.