A version of this story first appeared in CNN Business' Before the Bell newsletter. London (CNN Business) Financial markets have been rocked by volatility in recent days as investors try to game out how to play the next phase of the pandemic. The seesawing could continue in the days and weeks to come as investors continue to weigh whether a boom in economic activity will trigger a rise in prices. But Wall Street is confident that stocks can weather the storm, thanks to vaccination campaigns, ongoing support from policymakers and a resurgence in corporate earnings. Haefele said that "notable changes in key variables," including the pandemic, fiscal stimulus, and inflation could lead to "periodic" turbulence.
Source: The Nation March 02, 2021 13:18 UTC