V-shaped markets; W-shaped economic recovery: strategist

V-shaped markets; W-shaped economic recovery: strategist

Crossmark Global Investments' Victoria Fernandez uses non-conventional gauges like gas and power usage and map apps to track activity in these unconventional times.

She tells Reuters' Fred Katayama the gauges suggest a W-shaped economic recovery contrary to the V-shaped bounce back in stocks.

Fernandez said sectors that make good investments include those that will continue to thrive after the COVID-19 crisis wanes, such as cloud services, data infrastructure and 5G.