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He nailed the March coronavirus selloff — now he says there’s another 30% to go before the stock market hits bottom

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Hedge-fund manager Dan Niles, in a note cited by Yahoo Finance this week, warned his clients way back in February that he was getting “increasingly worried” investors weren’t ready for the impact the spread of the coronavirus could have on the U.S. economy. He’s not any more optimistic now then he was back then.

 

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Mehn that’s goin be a tough one cause a lot of people are still getting in hoping it’s bottomed out. For people to sell others gotta buy and it seems those guyz are left holding the bag right now. A real bad hand

Sadly true

The only answer is to sell all stocks😤

I nailed - called last year

Its called insider trading....ask Pelosi and others.

I totally believe it! This upcoming COVID19recession will make TheGreatRecession look shallow, in terms of percentage drop in GDP.

SmartThings

Self fulfilling prophecy?😂

No doubt, hang on to your metals positions.

So he's calling a $14K bottom for Dow.

_MichaelWhitton

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