The tables have turned: The S&P has been lagging international and emerging markets since mid-April. We look at the reasons.

The phrase “hindsight is 20/20” is fitting as we work our way through this pandemic. As scary and dire as things can seem, we know we will eventually get to the other side. The same can be said of markets.

As our economy recovers from COVID-19 shocks, some wonder what kind of recovery we can expect. Here’s what is likely and unlikely.