Marcus Strategy

Marcus Strategy Wednesday 29th April 2020

April 29, 2020 Marcus Today
Marcus Strategy
Marcus Strategy Wednesday 29th April 2020
Show Notes

Interesting rotation from Technology to Value in the US, Tech stocks selling off. Come a recovery from the virus is the most money going to be made in Netflix and Amazon, stocks that have been hitting all time highs in the midst of crisis, or in gambling, travel, tourism stocks, stocks that have been clobbered. We are pursuing the same theme, looking to play recovery sectors, buy the victims, rather than the survivors of COVID-19. Meanwhile the banks may have bottomed, the 'economic restart' theme gathers pace, the FOMC and the ECB are going to try and molly-coddle us and the US GDP number is so historic its all but irrelevant, as is the CPI number today. The biggest risk is a 'Second Wave', the markets would tank, but it seems to be low odds.