market bottom due to covid-19
Bofa expert saying end of bear market and already market bottom hit, https://www.ccn.com/boa-thinks-the-stock-market-crash-is-over-but-dont-celebrate-yet/ GS saying otherway that more horrifying Q2 coming... what do you think?#personalfinance #investments
BoA Strategist Thinks the Stock Market Crash Is Over, But Don't Celebrate Yet
CCN.com
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Roku durham Apr 5, 2020
If BoFA is that smart then they should have seen this coming and recommend accordingly. This is just a beginning. Wait till you see real numbers in the next two weeks then decide whether we have bottom or not
Zynga RzzV35 Apr 5, 2020
Pro tip: No one knows
Roku durham Apr 5, 2020
That's right. No one knows
Affirm v9t! Apr 5, 2020
Yeah but a guy at a big-name bank said ... (/s)
Uber tacokahn Apr 5, 2020
Market is likely bottomed, but volatility is still high and weβll see spikes in volatility as news comes out.
Samsung statarb Apr 5, 2020
I think the market has bottomed. There it good news on the medical side soon as we peak like in Italy. Bad q2 talk will be overwhelmed by medical news
When we say numbers have peaked, we should also note that it's not peaked for entire population but due to strict lockdown measures.. And there is no way out of lockdown unless we have a vaccine or majority of population gets herd immunity. Current markets are not priced in for long term lockdown. And if this situation continues for more than a month then expect a gradual fall to bottom.