Why the Stock Market Doesnt Like Republicans

[John Q. Public]

Enjoy it while you can. They're expecting a recovery beginning in the last quarter before the election.

[Wabash]

I would say you are naive to believe he didn't make a bad situation worse.

Once again. We have had public health crises in the past. We did not have panic like we are seeing now because of coherent messaging.

You are certainly free to believe what you want.

On another note. A recovery will only happen if there is massive influxes of capital into the market. AKA socialism.

[Omar Bongo]

Enjoy it while you can

Well, I wish "them" luck with their expectations...happy talk IMO

It's a fools errand to try to anticipate/predict anything more than a week down the road

[Wabash]

From Yahoo Finance.

With the Dow Jones Industrial Average having violated the psychologically important 20,000 level on Wednesday amidst another bruising coronavirus fueled crash, some top strategists on Wall Street are sharpening their pencils once again on where the bottom may be for Blue Chip equities.

For Hercules Investments CEO James McDonald — who correctly predicted a major bear market on Yahoo Finance’s network more than a month ago in the early stages of the coronavirus outbreak — he thinks another 30% downside risk to stocks is very possible. Specifically for the Dow, McDonald thinks hitting 15,000 from current levels of just under 20,000 is in sight.

“We have moved to cash,” McDonald said on Yahoo Finance’s The First Trade. That’s a slight shift in strategy for McDonald from a few weeks ago where he was actively buying volatility for clients.

[John Q. Public]

Call me overly optimistic, but I think the markets will at least stabilize when the rate of spread does - whenever that is. And I'm hoping that the virus won't be quite so contagious when the weather warms. I don't expect a full recovery until there's a vaccine, but since this isn't a structural problem I expect the markets to recover fairly quickly when they do. I just wish the Fed hadn't squandered its interest rate cuts.

The oil business is a different story and that will depend on Donald's two BFFs settling their disputes. Right now the price of crude is less than half of what shale diggers need to break even. And that's a lot of jobs.