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Covid-19: England is getting ready to open doors

Bloomberg Stores on Oxford Street, London’s most famous shopping thoroughfare, will open Monday for the first time since March. The question is how many customers will show up. After locking down to slow the spread of the coronavirus, retailers in the capital and across England are desperate to get back to business. They’re rushing to install sneeze screens, “sanitation stations,” ...

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Stock pickers are failing to beat whiplashed pandemic market

Bloomberg Stock pickers are getting schooled on just how hard it is to outsmart the coronavirus pandemic-driven market. After the S&P 500’s biggest plunge since the March madness, expectations are rising that shares will move in lockstep again, a headwind for stock pickers looking to divine winners and losers. Add the fact that fewer companies are leading market gains this ...

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There’s still room for gains in emerging stocks, says Goldman

Bloomberg The recent rebound in emerging-market stocks isn’t over yet as investors move to assets that benefit from an improved outlook for the global economic recovery, according to Goldman Sachs Group Inc. “We’re quite positive on EM stocks on a tactical basis,” said Caesar Maasry, a New York-based emerging-market strategist at the firm. “There has been an increasing preference for ...

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