Stocks will bottom before US coronavirus cases peak, top strategist Art Hogan predicts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stocks will bottom before US coronavirus cases peak, top strategist Art Hogan predicts (via TradingNation)

is breathtaking," said Hogan, adding it's worse than what he saw during the 2008 financial crisis."We need to feel that ultimate panic that everyone who wants to see has sold," said Hogan. "We are not quite there yet, but we're getting darn close.""We know you have to hurt the economy to stop the virus.

His number one strategy to cope with the virus' fallout is to aggressively rebalance client portfolios. "That's important, I think that's cathartic and I think it's necessary," Hogan said. "Typically, we rebalance once a quarter. Now, we're getting people to do this once a month because things are moving so rapidly.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation You misspelled “shiller”. Turns out the biggest crash in history actually can be followed by another 75% drop 🤷🏻‍♂️

TradingNation Yeah 😂

TradingNation hehehehehehehehe he's a strate...what now?

TradingNation Which is soon

TradingNation I pray for this statement to be based on truth more than hope.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spotlight: Kim Kaupe's The Superfan Company is Redefining the Art of Fan EngagementA Spotlight profile of The Superfan Company, the fan engagement agency run by Kim Kaupe that boasts A-list clients including Shawn Mendes, Stagecoach, Taylor Swift and more.
Source: billboard - 🏆 112. / 63 Read more »