This is shaping up to be the worst economic downturn in history, according to many estimates. But history stretches much farther than most economic data series, which typically begin after World War II.
Jim Reid, strategist for Deutsche Bank, looked way back in a note entitled “800 Years of Large Economic Contractions,” which I find more interesting these days than binge-watching Netflix sagas about sociopaths who keep big cats.
Trying to call the bottom is a fools errand. Much better to buy when the price is right. When the big bounce comes it will leave everyone in the dust with cash in her pockets not on the table.
I'll take your word for it. Definitely not paying to read that article. Nice try though
This time is different
Until there a cure or vaccine, this problem is not going to go away.
Good
What for the President to get even more stupid...don’t think it can happen realDonaldTrump
_MichaelWhitton
Pssst: this was not a collapse based on the fundamentals... but you knew that already.
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Wall Street analysts bet on a bottom and upgrade more stocks, including Disney and Beyond MeatNew for subscribers: Wall Street analysts bet on a bottom and upgrade more stocks, including Disney and Beyond Meat Check out CNBCPro and get your first 30 days free. Pro Short short short Pro Bet on the bottom.... you'll be walking around town with bottoms, off
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Wall Street price hike improves market optimism despite massive unemployment numbersStocks were mainly flat Thursday, as the markets struggle to digest 6.6M Americans filed for unemployment last week.
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