Stocks are ‘on fire’ – but a second coronavirus wave isn’t priced in

U.S. stockmarkets might be ‘on fire’ as earnings season begins – but Wall Street has not priced in asecond wave of coronavirus, warns the CEO of one of the world’s largest independent financial advisory organizations.Q1 2020 hedge fund letters, conferences and moreThe warning from deVere Group’s chief executive Nigel Green comes as the S&P 500gained over 2 per cent in early trading, following gains in European and the Asia-Pacific markets.Mr Green notes: “This week, with earnings season underway, we are going to see just the beginning of how corporate America and Europe have been hit by the co…