SA: US CFOs’ top priority is cost-cutting amid economic uncertainty, survey finds
SEEKING ALPHA reports: With economic and geopolitical uncertainty lingering, finance chiefs in the U.S. have directed ...
SEEKING ALPHA‘s Ploutos writes:
– Markets have trouble dealing with events outside the bounds of probabilistic outcomes.
– Even epidemiologists are challenged in framing the potential range of outcomes for a novel virus.
– Framing the current viral outbreak versus historic pandemics may provide some measure of insight.
– Coupling the rarity of large-scale public health catastrophes with the backdrop of evolving economies and markets makes historical comparisons challenging.
– Broader perspective can, however, remind investors that the US economy and stock market have navigated much more severe scenarios in a positive fashion.
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