Likely to see a second wave of stock selling instead of a second wave of COVID-19 cases: strategist

Summary: Before there is any form of “second wave” of COVID-19 globally, the stock market may first experience a second wave of selling as it once again prices in worse-case scenarios for economies and companies. “We think you’re more likely to see a second wave down from markets as opposed to a second wave up in COVID-19 — we have concerns here,” said FBB Capital Partners director of research on Yahoo Finance’s The First Trade.