Stocks Had Their Best Month In 33 Years, But Here’s Why Experts Are Skeptical

Of the 275 companies in the S&P 500 that have reported earnings so far, only 67% have beat expectations while almost 29% have missed , according to Refinitiv.

But some experts are still hopeful: “The market is clearly looking beyond the current quarter,” and while a lot of bad news has come out, “none of this was a surprise,” says Chris Marangi, co-chief investment officer at Gamco. “I have more confidence in the rally today than I would have before we got incremental data from a lot of companies during earnings season,” he says.The coronavirus market sell-off, which began February 19th through to the low on March 23, was the fastest drop of more than 30% on record for the S&P 500. Then, markets rallied through April, making it the shortest bear market on record at just 33 days.

in a recent note. With the “dual benefits of record monetary and fiscal stimulus helping to bridge those most impacted by COVID-19,” the firm expects “a much stronger economy later in 2020.”

skleb1234 1) Volatility 2) Volatility 3) Uncertainty

skleb1234 No offense, but I hate for young students to read a short blurb like this and focus on it. I realize you know the markets have been in tumult, and that this is a recovery attempt. Do they appreciate how harmful the extreme volatility can be?

skleb1234 that new dollar isn't going to cover production costs like the old one did, is it. it can't. can it. surely not. nooo. it can't possibly. will it

skleb1234 They are skeptical because they missed the big run up, and the want the price to come back down so they can get in! That be the game!

skleb1234 and the stock market gonna have their worst months in years.....

skleb1234

skleb1234 Because it only benefits the rich?

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