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The market's post-pandemic recovery could look a lot like 2008-09, Van Eck says

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The market's post-pandemic recovery could look a lot like 2008-09, says Jan Van Eck (via ETFEdgeCNBC)

"We know from China, their statistics — they're about a month ahead of us — are not that encouraging. While traffic is at 97% use, the public transportation use is only at 60%. So, we've got a long ways to go before the economy starts recovering," Van Eck warned.

Tim Seymour, founder and chief investment officer of Seymour Asset Management, had his eye on the commodity markets for signs of green shoots.Copper is seen by many as a reliable barometer for the global economy given its wide range of uses in consumer-facing and other industries. The price of copper was up less than 1% early Tuesday.

 

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ETFEdgeCNBC The market is on ventilator for now so there is 80% chance to die.

ETFEdgeCNBC Only if Trump and Republicans are voted out!

ETFEdgeCNBC Well, it fucking worked thanks to newly minted PRESIDENT OBAMA 😃😃😃. I’m ok with this.

ETFEdgeCNBC THIS MARKET will take off when this country open up and oil companies as low as they are will be a big leader upward. MID MAY some parts of country will open up and late june and july most will open.

ETFEdgeCNBC Мы выживем

ETFEdgeCNBC We need Barack Obama again.

ETFEdgeCNBC annndddd.....more permabullshit from constant nasdaq bullish charlatan channel

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