Stock market crash: Why the worst selling is yet to come, expert says - Business Insider

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'We'll see the true financial carnage come': A 47-year market veteran warns the fallout from the coronavirus is only halfway finished — and says it'll take decades for the market to carve out new highs

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.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

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🤮

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