Worried About a Second 2020 Market Crash? 3 Dividend Stocks to Buy Now
After falling hard and fast on the heels of the global COVID-19 lockdown, stocks have bounced back. The SPDR S&P 500 ETF Trust (NYSEMKT: SPY) is only down about 11% this year, and off about 16% from the pre-crash high in late February. A lot of the market's recovery is due to the government's multitrillion-dollar stimulus efforts, along with optimism that things will start to open up and the economic recovery will be swift.
But with more than 30 million Americans now out of work, it's looking less and less likely that the economy will recover quickly. COVID-19 deaths have passed 85,000 in the U.S., and even where businesses are opening up, people don't seem so quick to go back to the usual way of doing things without more-effective treatments or a vaccine.
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Source Fool.com
