Tag Archives: reopening

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 4, 2021 Tech stocks go red for 2021. The re-opening rotation trade has been underway for months now. This trade can broadly be thought of as a move by investors away from stocks that worked in the stay-at-home world of 2020 and into names that should benefit from accelerating economic growth. This new theme kicked off following early November news that Pfizer (PFE) and BioNTech ( Source link

Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, February 23, 2021 Airline, cruise stocks surge to start the week. Investors can’t keep up with economic optimism right now. On Monday, the re-opening trade was on fire with shares of airlines, cruise lines, and banks all rallying. And this while Wall Street strategists continued raising full-year GDP forecasts as others reiterated calls that consensus estimates are still too… Source link

The U.S. Centers for Disease Control and Prevention (CDC) unveiled a centralized school reopening plan Friday that includes safety and mitigation practices such as physical distancing and masking, as well as using new measures such as “podding.” Podding includes keeping the same students together (as in a pod) to reduce students’ possible exposure to the virus. But questions about access to critical resources like better ventilation, testing and masks, remain unanswered. During a press… Source link