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Investors are 'in denial': economist

Video Credit: Reuters Studio - Duration: 04:24s - Published
Investors are 'in denial': economist

Investors are 'in denial': economist

Economist Max Wolff of Multivariate thinks the S&P 500 should be trading at 2300 instead of 3150.

He tells Reuters' Fred Katayama that investors are ignoring negative news about the rising coronavirus cases and the renewed trade tensions with China.

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Multivariate statistics simultaneous observation and analysis of more than one outcome variable


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Fred Katayama journalist

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