US stock market may see another round of turbulence


Illustration: Luo Xuan/GTThe US stock market’s historical trend has basically been in line with the country’s economic fundamentals. The latest round of turbulence was triggered by the gloomy economic prospects amid the deadly virus outbreak. The US’ unprecedented rescue package eased liquidity and prevented its credit chains from collapsing. Technically, as long as the US Federal Reserve is willing to buy, the current financial crisis will not become desperate.But the US stock market will not see an easy rebound either, and large fluctuations are very likely to continue. The market has experi…

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