When Will The S&P500 Bottom? Goldman Sachs Says The Worst is Yet to Come

The video provides an overview of global market trends, highlighting a green day for U.S. stocks amidst a relief rally. It discusses the contrasting predictions from financial institutions like JP Morgan and Goldman Sachs regarding market stabilization. The impact of the virus on leisure companies, particularly cruises and hotels, is examined, with revenue forecasts indicating a slow recovery. The video also delves into the oil market, noting a significant drop in WTI prices and the broader economic implications, including effects on the high yield debt market.

What impact has the virus had on leisure companies according to Morgan Stanley?

What factors are contributing to the decline in oil prices as mentioned in the text?