Stock market investors try to look beyond the pandemic
It’s not “stay-at-home” stocks like Zoom doing well so far this week. Plus, the number of confirmed COVID cases in the U.S. surpassed 10 million. We spoke to people who say they’re still not worried about the coronavirus at all.
Jeffrey Cleveland, chief economist at Payden & Rygel, says we should “just pause and soak up the optimism for a second,” given everything that’s been going on in the world. “I think it’s good that there’s some light at the end of the tunnel for the world and for investors with regard to this pandemic,” Cleveland said.