Hints and tips:
...If the economic trajectory does indeed look more like an “L” than a “V” or “U”, portfolios will need to combine recovery stocks with cash and lower-risk bonds as well....
...As economist David Rosenberg wrote last week, we should not expect a V, or even a U or an L shaped recovery, but rather an F for “frugality”....
...(WSJ) What else we’re reading Just one in 10 fund managers expect V-shaped recovery V, U, W, L — just a handful of the letter-shaped recoveries that investors have put forward as possible paths for the...
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