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Stock market bulls hope that the S&P 500 will rally further even as corporate earnings crater

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As the coronavirus epidemic gathers steam in many parts of the U.S., equity investors appear confident its damage to the economy will be contained, but analysts warn that as large corporations provide more information about COVID-19’s impact on earnings recent gains could be in danger.

 

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Saving this for the next time some MAGA brags about the stock market like it means something

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Source: BusinessInsider - 🏆 729. / 51 Read more »