Toogood said that a lot depended on the "tug of war" between government stimulus and fundamentals.
"The fundamentals are going to stink, there is no question the earnings are going to be extremely challenging. And the bridge is the fiscal stimulus.", is expected to take a significant hit from the pandemic, with the IMF predicting gross domestic product in the United States will contract by 5.9% this year. In a bid to mitigate the economic impact of the crisis, Congress has approved aToogood said that many fund managers remained invested in U.S.
Investors were now attempting to work out whether they would need to dismiss 2021 corporate earnings, as well as this year's, he added. Government-imposed lockdown measures, coupled with supply and demand shocks from the coronavirus crisis, hit corporate earnings in the first quarter. A slew of U.S. companies, including
Investors should sell China based listed company stock like Luckin and Alibaba right now. Especially in Hong Kong. CommonSense
Get in suckers Get in.
the causes of the stock market crash of 1929 included a declining production unemployment had risen, low wages, struggling agricultural sector and an excess of large bank loans that could not be liquidated. This created high debt leaving stocks in great excess of their real value
The WS clever pick stocks to get money out of the foolish investors, without hurting their stock manipulation scheme. Not surprise to hear the fools are out of business, even the gov tries to fuel money to the fool to stay in.
I’d like to see the order history of this strategist!!
I think the worst collapse in history is coming.
Who the fuck is buying then? This market goes up every day
ya think
Better...
why? they always go up!
Govt has substituted debt for taxation for decades. Economy gas plenty of wealth to pay for stimulus payments but it means taxing and redirecting weath believed to be private possession if the rich.Stock traders are making billions from the outbreak and will hide profits fromtax
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