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Ryan Nauman's Weekly Recap: COVID-19 Market Edition 05.18.20

The housing sector will be front and center next week as we find out how the sector is coping with the shelter-in-place dynamics. Additionally, we will get the initial (flash) PMI readings on the manufacturing and services sectors. During past recessions, the services sector fared better than the manufacturing sector. However, that looks to change during this recession, as the shelter-in-place mandate has crippled services-oriented businesses such as restaurants, travel, and tourism more so than manufactures who are producing goods that are still needed for everyday life.

Read more from Ryan Nauman's Weekly Recap: COVID-19 Market Edition and subscribe to have it delivered to your inbox each week!

Ryan Nauman

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