The shape of the forthcoming economic recovery is one of the biggest questions in many investors’ minds. How fast the rebound happens, and whether it lasts, will not only determine the level of the overall stock market, but also the relative performance of individual companies.
Generally speaking, there are three possible scenarios of an economic recovery–a V-shaped turnaround, a U-shaped rebound, and a scary W-shaped recovery. Raymond James strategist Tavis McCourt took a look at all three, considering what stocks would do... Subscribe or Sign In to continue reading.
I think it may recover in an'L' shape. ToughLove 😷