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24 Jun, 2020 07:17

Market strategist: US doesn’t need China

The market is chugging higher today despite record Covid-19 cases and ongoing reports of hotspots, on top of shocking comments on US trade with China. Meanwhile, a growing list of companies have temporarily stopped advertising on Facebook, purportedly to combat the company’s failure to stop hate speech and disinformation, and to show support for a movement called “#stophateforprofit.” Plus, European airline Lufthansa is facing turbulence, in the midst of bailout talks with the German government and its shareholders as the pandemic continues to decimate the travel industry.

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