Lately, the stock market has been rather listless. Like dancing a slow waltz - two steps forward, one step back.
Speculators hoping for some quick trade action must have been disappointed.
The wind of the bull rally a few weeks back has been taken out of the investors' sails.
The lack of direction feels as if we have entered the eerie eye of a storm. The unnerving lull before all hell breaks loose.
While most people are still worried about the virus and the economy, dissenting voices have started to pop up, arguing for the case that the worst is over.
Take Morgan Stanley. The investment firm proclaimed "greater confidence in a 'V-shaped recovery', citing positive economic data and policy action from health authorities, governments and central banks." [
news]
Throwing his weight behind this idea is private equity juggernaut Blackstone Group CEO Stephen Schwarzman....
