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Opinion | How to Read the Myopic Market

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From WSJopinion: The market is a coronavirus roller coaster because uncertainty can collapse the timeline on which investors predict growth and profits, writes andykessler

Happy 20th anniversary Tuesday to the Nasdaq index peak of 5049 back in 2000, zenith of the dot-com era. After observing our current beer-head frothy market for months, I was an idiot for thinking I could hold off until today to write a warning column. The market always trades to maximize pain. So, ouch.

Time waits for no one. One thing I’ve learned investing is that for every stock there’s this invisible arrow pointing to some moment, some time in the future, that markets focus on to evaluate it. That time horizon isn’t published...

 

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opinion andykessler Growth and Profit will happen when The Vaccine is coming to light. In the meantime Covid-19 + oil war benefit who want: Bringing down realDonaldTrump Taking over large companies Weaken China and Russia Get rid of those who mean more expenditure than income for the States

opinion andykessler This is all about a lack of political leadership and how that will translate into a global drop in consumer and business confidence. Italy doesn't shut down the country on a whim.

opinion andykessler This deadly virus disease coronavirus. Have made this Monday a black Monday. 😷🗽

opinion andykessler Obama Announces He Is 'No Longer Responsible For The Economy'

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