Stock market crash: Coronavirus may trigger rare post-WWII downturn - Business Insider

Huge milestones like these can lead one to believe that the worst of the coronavirus-fueled crash in stocks is over. But not so fast, says Jim Paulsen, the chief investment strategist of The Leuthold Group.

He observed that only one post-WWII bear market, in 2001, featured a 20%-plus rally that did not effectively end the slump. At that time, stocks staged a 29% rally before cratering beneath their previous low after the September 11th attacks.There remains considerable uncertainty about how quickly the economy will return to full strength after its forced shutdown. The timing of a vaccine that averts a second wave of new infections is also unknown.

'Since WWI'... But we're still here....so Armageddon didn't happen then did it?

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.

Is this stock halal? Islamic finance charts high-tech futureIslamic finance – an amalgamation of Sharia law and modern banking – has become a $2 trillion business over the past two decades, covering everything from bonds to buying cars. There’s nothing Halal in banking at all. Kardeşlerimiz, Türkiye, lütfen sana ihtiyacımız var. Somali'nin bu zor zamanda sana ihtiyacı var. Virüs ülkede yayılıyor ve onu engellemek için yeterli dengeye sahip değiliz. Her zaman harika bir arkadaş ve yardımcı oldun Teşekkür ederim. haskologlu Temel_Kotil temmuz1919
Source: trtworld - 🏆 101. / 63 Read more »