How will the spike in COVID cases impact the global market? I Peter Cardillo to ET Now

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How will the spike in COVID cases impact the global market? I Peter Cardillo to ET Now

Peter Cardillo, an economics and market expert working in Wall Street talks about the future of the global market as it faces the COVID-19 threat. As per Cardillo, the rising number of cases is a cause of fear and worry, impacting the customer base of many industries. Talking specifically about the future of US markets, Cardillo says the COVID impact will differ according to economic activities resuming in several states. Oil prices have also been hit globally due to weak demand amid the lockdown. Further adding, that the market should fear a second wave of the virus, adding damage across the world.