In today\u2019s Steady\nInvestor, we look at key factors that we believe are currently impacting the\nmarket and what could be next for the markets such as:<\/p>\n\n\n\n
When\nis the Economy Going to Reopen? <\/strong>Perhaps the most\nimportant and contentious question in the United States and across the world\ntoday is, when is the right time to\nreopen the economy? <\/em>Epidemiologists, economists, and politicians all likely\nhave different answers to the same question. The answer to the question is a\ndelicate dance between all three, and getting it wrong \u2013 whether that means\nopening too early or too late \u2013 can have serious consequences. Epidemiologists\nand economists may not differ as much in opinion as many might anticipate,\nhowever. Epidemiologists consider the public health risk of reopening too\nearly, potentially resulting in another severe outbreak. Economists, similarly,\nmight consider the cost of enduring another massive shutdown versus the\nshort-term cost of waiting longer. As it stands today, states on the East Coast\nand West Coast have formed coalitions to study a gradual, rolling reopening, and\nthere is an apparent tension between the federal government and states over who\nhas the authority to make decisions. Regardless, Americans should reasonably\nexpect that a return to work will not look like it once did. Social distancing\nrequirements will likely remain, and there is likely to be increased monitoring\nof employees and customers, including temperature checks and blood tests to\ndetermine if a person is ready to return to work.1<\/sup> <\/p>\n\n\n\n ___________________________________________________________________________<\/p>\n\n\n\n While We Wait for the Economy to Recover, What Can Investors Do?<\/a><\/strong><\/p>\n\n\n\n \u00a0Many investors are wondering what they should do in response to this crisis and how they should respond to protect their investments. At the end of the day, I think the key for investors is to try and focus on the hard data. Bear markets do not last forever, in fact, they are generally much shorter than bull markets. If you have $500,000 or more to invest and want to learn more about these forecasts, click on the link below to get your free report today!\u00a0 _________________________________________________________________________<\/p>\n\n\n\n Economic Silver\nLining: Big Tech is Still Hiring<\/em> \u2013 <\/strong>As\nmost sectors in the US and global economy come under intense pressure, technology\ncompanies are proving to be leaders in growth and progress, as they did\nthroughout the 11-year economic expansion. Apple, Google, and Amazon are all\nlooking for software engineers, data scientists, product designers, and other\nhighly skilled workers. Facebook said this week that usage has soared during\nthis crisis, and given they expect robust activity through the election, they\nare hiring more than 10,000 people this year for key roles in product and\nengineering teams. Amazon said that as of April 10, it has 20,000 open tech jobs! <\/em>The list goes on, and is merely a reflection\nof a trend that has been going on for the better part of a decade \u2013 companies\nare moving operations into the cloud, e-commerce, and online. It follows that\ncompanies building, servicing, and growing the digital economy\u2019s infrastructure\nare seeing steady demand. Meanwhile, demand for PCs increased in the first quarter given a surge\nof people working from home, but supply chain disruptions impeded the\nproduction needed to bring enough new computers to market.3 <\/sup><\/p>\n\n\n\n Major Cuts to Oil\nProduction \u2013 <\/strong>In a landmark deal struck this week, Saudi Arabia, Russia, and\nthe United States led a coalition to reduce global supply by 13%. The coalition\nof oil producers was able to make 23 countries agree to withhold a total of 9.7\nmillion barrels of oil from the market per\nday,<\/em>4<\/sup>which is\ndesigned to help reduce the current oil glut fueled by sinking global demand.\nEven with the cuts, however, the price of oil is not likely to see much\nsupport, in our view. According to the International Energy Agency, global oil\ndemand is expected to fall by 9.3 million barrels a day this year, which would\nmean production cuts may only serve to keep prices consistent with the current\nsupply and demand balance we see today. The US energy sector has been pummeled\nrelative to other sectors in the economy, as production cuts may ultimately\nbankrupt many smaller players in the industry. Pipelines, refiners, and storage\nfacilities are filling up across the US and Canada.<\/p>\n\n\n\n What Can Investors do to Protect Their Investments?<\/strong> – As we wait for the virus to pass and the economy to recover, many investors may be wondering what they can do now as we wait. In the meantime, I recommend that investors remain calm, focus on the long term and not let emotions take control of their investments. To help you focus on the fundamentals instead of the fearsome headlines, I am offering all readers our Just-Released April 2020 Market Strategy Report.<\/a>5<\/a><\/sup><\/strong> <\/a><\/p>\n\n\n\n This Special Report contains new forecasts and insights that\ncan help you base your next investment move on hard data. For example, you’ll\ndiscover Zacks\u2019 view on:<\/p>\n\n\n\n If you have $500,000 or more to invest and want to learn\nmore about these forecasts, click on the link below to get your free report\ntoday!<\/p>\n","protected":false},"excerpt":{"rendered":" Debate over best time to get back to work, tech firms are hiring, oil producers make deal to cut production<\/p>\n","protected":false},"author":3,"featured_media":7426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71,73],"tags":[],"class_list":["post-8604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-client-group","category-steady-investors-week"],"acf":[],"_links":{"self":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/comments?post=8604"}],"version-history":[{"count":1,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8604\/revisions"}],"predecessor-version":[{"id":10614,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/posts\/8604\/revisions\/10614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/media?parent=8604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/categories?post=8604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zacksim.com\/blog\/wp-json\/wp\/v2\/tags?post=8604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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I recommend that investors remain calm, focus on the long-term and not let your emotions take control of your investments. To help you do this, I am offering all readers our just-released April Market Strategy report. This report contains some of our key forecasts & factors to consider such as:<\/p>\n\n\n\n
IT’S FREE. Download the Just-Released April 2020 Market Strategy Report<\/a>2<\/a><\/sup><\/strong><\/p>\n\n\n\n