Worried About a Winter Coronavirus Lockdown? Buy These 3 Stocks Now
Stocks tumbled this week as fears of another wave of coronavirus infections swept the market.
Over the weekend, the number of daily cases rose to record highs in the U.S. and have stayed elevated throughout the week. Much of the Midwest and Mountain West have been at record levels for weeks, and in some areas, infections are straining hospital capacity. In Europe, daily new cases continue to push into record levels, and some countries have begun imposing lockdown measures, including France, which now has a 9 p.m. curfew across most of the country.
Those data points, along with previous warnings from epidemiologists about the risk of widespread outbreaks in the fall and winter, could lead to incremental restrictions in much of the country and even a full-on lockdown, squeezing the economic recovery. For investors, such an event is likely to push stocks lower since they're already trading near all-time highs.
Source Fool.com
