PK - The Week That Changed Everything
Recovery stocks have now stalled, and a great uncertainty has re-entered the market. Until the second week of June, 2020, a V-shaped economic recovery seemed possible, but now, that is delayed. This has had an immediate effect on the investment climate.
A shorthand description would be a 3-month stall, or delay in recovery names, especially theme parks like Disney (DIS) and Six Flags (SIX), plus the hotels, cruise lines and airlines that compose our travel industry. It would be prudent to remain defensive in the months ahead, but do not get