How will we come back from this? I'm thinking of a "KY" shaped recovery for many--if you know what I mean!
How come after markets collapse there is just article after article after article and just so many, many, many opinions on how the markets are on a road to recovery when not one single person predicted a collapse...the same exact people saying to buy now were the exact cheerleaders at the top saying buy buy buy. And not only that, but how come bull markets can last years, years and years and decades and decades, but once in a bear market they can only last a few weeks to maybe 2 months????
According to this article its only one LETTER in the alphabet and that Letter is V https://finance.yahoo.com/news/wall...et-experts-strike-bullish-tone-201040965.html
Biggest economical crisis in history and the worse of the market rout is behind us. Simply amazing that one can say that. So that means the next bull market will last for some 30+ 40+ 50+ years after this last bear market only lasted 3 weeks, wait I think it was 11 days if I'm not mistaken ..... Our call of the day, from a team of Goldman Sachs strategists led by David Kostin, says the worst of the market rout is behind us. A “previous near-term downside of 2000 [for the S&P 500] is no longer likely. Our year-end S&P 500 target remains 3000 (+8%),” says the team in a note to clients on Monday.
Bingo brother. It embarrassing these same people who were calling for 3800( Tom Lee is the worst) are now now saying new highs soon and not a damm one called even 10% down. There cheerleaders talking there own book. The sad part is they make millions a yr as cheerleaders. This is stock manipulation as far as i'm concerned and they should be prosecuted