Stock price increases in anticipation of the “future”
As the market grows in line with expectations from pharmaceutical companies such as Pfizer and Moderna to develop new coronavirus vaccines, major US stock indices are hitting all-sector record levels.
As vaccine development progresses, it will be more likely that the economy and our daily lives will return to what they used to be. If that happens, the economy and corporate performance could recover and the current significant rise in stock prices could be confirmed.
The spread of the new corona virus was unexpected this time, and the fall in stock prices in March this year was unimaginable in this respect. Despite the fact that available vaccines are still under development, stock prices have returned and the major US stock indices hit record levels.How investors look to the future and move,.
写真 ＝ iStock.com ／ Zbynek Pospisil
※ The photo is an image
Rapid up and down movements are “a matter of recovery”
There are many investors who have failed to cope with a rebound in stock prices this time. But,Stock prices will eventually rebound. In the meantime, you can see some pretty sharp moves up and down.。
Internet bubble since 1999, Lehman shock in 2008 And this time, the corona shock are good examples.
From an asset management point of view, it is essential to manage funds on a regular basis so that they can withstand past shocks and falls in stock prices, and it goes without saying that risk diversification is essential for this. ..
Therefore, I would like to first confirm the long-term cycle of US equities.