Clearly, there's a burgeoning disconnect between the stock market and the underlying economy.
Hunter's thinking is simple: The market has already digested the initial shock stemming from the coronavirus — the proverbial "first shoe" if you will — but it hasn't yet accounted for what's yet to come.
In Hunter's mind, loads of businesses lack the inherent staying power necessary to survive this downturn, which will result in slews of bankruptcies and doors closing for good — permanent damange. But he doesn't think the market has come to this realization yet.
Good! It was built on a feudalist house of cards overdependent on unsustainable consumption, outright enslavement of prisoners & undocumented immigrants, a non-existent health care system and general exploitation of workers. UBICreatesJobs GreenNewDeal WeAreTheRevolution (1/?)
The financial market will recover when we eradicate this pandemic with just a blink of an eye. Now, Be home, health is more expensive than money
No one can predict the future when it comes to stock markets. This will never change.
If I see another 'head in hands' pic from Wall St I think I'll throw up🤮
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett's lack of stock purchases worries Leon Cooperman - Business InsiderThe hedge fund boss said the restraint shown by the 'greatest investor in my generation' is a red flag for investors.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Value investing stock market strategy from top fund manager David Samra - Business InsiderFund manager David Samra has handily beaten the market over nearly 2 decades. He shares 4 simple criteria he looks for in each investment — and details 4 'obvious' places investors should be rushing towards today. Paywall
Source: BusinessInsider - 🏆 729. / 51 Read more »
Peloton stock price soars 20% to record highs after earnings - Business Insider'During the last few weeks of Q3, we saw a significant increase in demand for our bike, which has continued into Q4 so far,' the company said.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber's $2.9 billion Q1 loss outpaces Wall St expectations, stock falls - Business InsiderThe ride-hailing giant's earnings follow its smaller competitor Lyft's beat on Wednesday that sent shares screaming higher. So sad. And ab5 hurt them too Don’t they lose money every quarter? Yes due to COVID no passengers, not a big deal as they open things up.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market investing, asset allocation tips for coronavirus recovery - Business InsiderAn investor who oversees $300 billion at T. Rowe Price says stocks are in a 'pseudo-bullish rally' — and shares 4 tips for making money during the slow recovery ahead $TOPS bottom Gonna wish you got in if your wait FOMO that money 💰💰💰💰💰💰🚀 Snort it up lil 🐖 ies
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why Warren Buffett is unhappy with Berkshire's $137 billion cash pile - Business InsiderWarren Buffett's Berkshire Hathaway has a record $137 billion cash pile. Here's why the investor will be frustrated by that fact.
Source: BusinessInsider - 🏆 729. / 51 Read more »