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https://www.cnn.com/2020/06/10/politics/cnn-poll-coronavirus/index.html

Poll: Public split on return to routine due to coronavirus

2020-06-10 00:00:00, Jennifer Agiesta, CNN

Content Categorization
/Finance/Investing
/Business & Industrial
/News/Business News

Word Count:
840

Words/Sentence:
16

Reading Time:
5.60 min

Reading Quality:
Adept

Readability:
13th to 15th

Media Sentiment
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RCS Analysis
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Risk Score
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PESTEL Scope
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Entity Word Cloud
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Auto Summary
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The Fed has increased its balance sheet by $4.5 trillion in the past month alone, and the US Treasury has been assisting companies via a $2.3 trillion relief package passed by Congress.

Yet despite insolvency, declining fundamentals, and the U.S. Bankruptcy Code stating that all debts must be repaid before stockholders receive anything, Hertz's share price has risen to levels higher than before they announced bankruptcy.

And despite initial virus fears plunging global stock markets over 35% from mid-February to mid-March, investors have overlooked numerous catalysts for a COVID-19 second wave.

These conditions will not last forever, of course, but while they do, investors embracing insanity will profit and investors clinging onto economic reality will feel the burn.

At the start of 2020, if anyone told you that Hertz, a 102-year-old car rental firm, was going to declare bankruptcy a few months later, you'd probably laugh them out of the room.

Keywords
politics, CNN Poll: Public split on return to routine due to coronavirus – CNNPolitics

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