Five days before the S&P 500 and Dow hit their lows,Now, he's seeing some progress on the virus front.
Hogan, who has $15 billion in assets under management, speculates a slow and deliberate reopening of the economy will likely be successful and spark a demand frenzy.
TradingNation I highly doubt it will test the lows this year. It may go down or up 10% though. Online ordering is booming.. unemployment rate rise is temporary.. its not like people will lose their homes like in 2008. does this sounds like a financial crisis?
TradingNation We will sink through those lows.
TradingNation I bet your headlines would be different If BarackObama was still at the Whitehouse.
TradingNation There may be pent up demand, but empty checking accounts cannot fulfill that demand.
TradingNation V
TradingNation A little danger? The economy is in shambles and the FED is panicking by dumping trillions into the market. The short term will be bad but the long term debt is what will harm our nation's prosperity.
TradingNation Bloody Monday!!
TradingNation CNBC is actually funnier than that green frog!!!
TradingNation Because of fake news outlets. Saved you a click
TradingNation Because: - more than 70,000 people have died in the United States alone so far - no effective vaccine against COVIDー19 was found - 30 million people are currently unemployed in USA - Hyper inflation on the doorstep - FED has brutally exaggerated with the market simulation a.s.o
TradingNation too many people are expecting this
TradingNation is losing hope for the end of the economy.
TradingNation GavPotts 👀
TradingNation they won't retest.....they're going to blast right through the lows.