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Stock impact report

How Too Much Optimism On Vaccines And The Economy Could Derail Growth [Forbes]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) 
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: alibabagroup.com/en/ir/home
Company Research Source: Forbes
After the steep economic contraction and high unemployment caused by the Covid-19 pandemic, the rollout of vaccines has led to a prognosis for a quick and robust recovery. Some of the most optimistic projections are fromMorgan StanleyMSBarclay’sSuch optimism, however, is not only likely to be overstated, it also could be potentially counterproductive. If economists, policymakers, business leaders, and others expect the global economic engine to go into high gear in 2021, governments may ease off on much-needed stimulus. For business leaders, this could result in subpar planning and forecasting of their own.A more realistic picture, in my view, accounts for the very real risk of the U.S. falling into a recession in the first half of 2021 unless there is sufficient stimulus. Hopefully, the most recent passed stimulus package plusPresident-Elect Biden’s proposed stimulus packageWILMINGTON, DELAWARE - JANUARY 14: U.S. President-elect waves as he leaves the Queen... [+]theater after he pr Show less Read more
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