The link below covers the main questions investors have in a simple Q&A format.

The key points are as follows:

  • Share markets often lead economic recoveries so the current apparent disconnect is not that unusual.
  • Share markets are likely to see a rotation in favour of cyclical stocks relative to growth stocks and this would favour non-US and Australian shares over US shares.
  • Markets have only partially priced in a vaccine.

https://www.ampcapital.com/au/en/insights-hub/articles/2020/august/market-outlook-qa-disconnect-to-real-economy-growth?csid=1173255943