Not that I doubt you, but can you direct me to the source of this info. I would like to tell this to my republican friends, but with source. Thanks.
https://www.thebalance.com/the-history-of-recessions-in-the-united-states-3306011 Just match this with gop-ers
Without proper vetting, it could unknowingly kill or maim everyone who takes it. Plenty of examples of that, hence why you hear about the 12-18 month timeline.
BTW hopefully you did not own a lot of these stocks. but a government bailout may be coming. https://www.visualcapitalist.com/covid-19-downturn-beach-stocks/
"For now" being the key words there. Definitely feels like it will go below 20,000 again. Probably around the time the U.S. reaches one million Covid-19 cases and we see no light at the end of the tunnel. Happy Easter!
Yeah, that is what I'm thinking. I was looking at my portfolio this morning (well, the cash I have to invest) and was like "What the hell is going on?" I almost jumped in, but realized I would be investing on emotion. And that is what is going on right now - people are buying based on hope, and there are probably a lot of short term profit taking right now. If I were in for that, I'd probably dump at the end of the day today, or after hours tonight.
The majority of the idea of a dead cat bounce, is people profitably covering their short positions ( in this case the response to the stimulus bill. causing a slight jump..)
The notions like "dead cat bounce" etc. are part of behaviour in economics that refer to events within the economic realm. The current event however is an outside/non economic/non financial world induced phenomenon. The virus is immune to whatever measures in financial sense are going to be taken. It doesnot care about that. However in reverse the virus has economic impact itself, but how much is being decided by how the world behaves in relation to it. Does the world act sufficiently to contain it/control it/eradicate it? So the question for the dow is how much is being done to contain the virus. If it is too little and hospitals are overwhelmed, be ready for a dow going down like a brick. If panic/fear of death roams the streets every economic formula becomes irrelevant. So your investment strategy for the coming weeks should depend on what you think of the handling of the virus crisis at every level in the USA. Not only at WH level, but down to the fellow citizens around you.
Market is up 20% in the last 4 days. That dead cat has some freakin' kangaroo legs. The market is no longer in bear territory, but it remains to be seen where we go from here. I do know it is foolish to be predicting a bottom or to be hoping the down turn lasts until November.
It calculated the worst and then set it aside, because 25% below peak values isn't remotely close to what the worst outcome would be from this pandemic. Investors are planning on a return to normalcy relatively soon, or at least something like normalcy.
I mean, I could be wrong. But I am perhaps the most baffled I have ever been at the stock market. I see no light at the end of the tunnel. I don't see the $2 trillion as anything more than a 3-month bandaid. Maybe the market has consoled itself with getting $2 trillion bandaids whenever the economy needs it, and let the Gen Zs carry their cash in wheelbarrows. Am not really joking, that is how I read it, the market is discounting future stimulus packages in addition to this one.
I tend to agree. It's hard to see how reality is being priced in. But maybe the market is now quite disconnected from facts on the ground?
Now? It was disconnected 10 years ago during during the GFC and never reattached. I mean, a bull market for over a decade following that? Its BS. And, I'm no socialist commy either.
Well we know about stagnant wage growth since St. Ronnie (not an accident) and how 40% of USAmerican adults would have a hard time covering an unexpected $400 expense. If your wage growth barely keeps up with inflation you can't really participate in the bull market.