Even with the volatile nature of the stock market since the onset of the health crisis, internet software companies inside the technology sector have experienced 52-week highs.
Although there are companies achieving success in the market, particularly in e-commerce, Lance does not necessarily believe, in general, there are signs of the economic weakening stemming from the pandemic.
The financial sector has been under mounting pressure this week from weak earning reports and poor outlooks as banks set aside funds to deal with expected loan losses.
The bleak outlook in the stock market has seen investors seek safety by not investing…
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