Nobody know nothing. Either keep on dollar cost averaging into quality stocks or the index fund. Or either trading everyday. Or stop the damn bullshitting trying to time a bottom.
I think that's correct. Probably would be 40-50% lower dependent on the treasury rate. If the 10 year paid 7% as it did in 2000, then no way we would be at the levels we were at in February. Then if we had to run a balanced budget...
We have a dead cat bounce but absolutely no earnings visibility. There will be workers who wont be going back to work once this blows over. I also think there will be supply chain issues as well. I think far too many people think the economy is going to take off like a rocket after june 1. I dont think so and i think julys earnings will also be a disappointment. This is a much different market than what it was in december 2018.
Also, got to figure, workers that got laid off will have to accept lower wages when they go back, hirers market for sure, that'll help earning, let them get rid of the ones they don't like aswell but stuck with due to stupid employment rules ( you have them in the USA right ? ) So not all bad for companies, people shit shit and more shit!!
Let’s see how we got to the “end of the bear market” so quickly over the last 5 trading days- 1- As oversold a market as any point in history 2- Pension rebalancing with largest Stock $ amount to buy on record 3- End of month window dressing 4- End of qtr window dressing 5- THREE massive liquidity injection/bailout packages. After tomorrow 1-4 will be over. The market is handing you a great short opportunity on a silver platter.