History shows bear markets “are often punctuated by sharp bounces before resuming their downward trajectory.” (Kostin)
GOLDMAN: “.. we believe it is likely that the market will turn lower in coming weeks, and caution short-term investors against chasing this rally.” History shows bear markets “are often punctuated by sharp bounces before resuming their downward trajectory.” (Kostin) pic.twitter.com/aH1mMwKAvn
— Carl Quintanilla (@carlquintanilla) March 29, 2020
FIDELITY: “If this is a mature bear market reaching exhaustion, then renewed selling pressure may only cause a shallow retest (to 2300-2400?) … But if it’s closer to another 2008, this 20% reprieve will be only the first of many on the way to much lower prices.”
FIDELITY: “If this is a mature bear market reaching exhaustion, then renewed selling pressure may only cause a shallow retest (to 2300-2400?) … But if it’s closer to another 2008, this 20% reprieve will be only the first of many on the way to much lower prices.”
(2/2) pic.twitter.com/J3a0U3QeQs
— Carl Quintanilla (@carlquintanilla) March 30, 2020
“This analysis comes frm people who simply dont understand ripple effects & massive ramifications of complete shutdown. They perceive its small collateral damage bc they also believe everything can go back to normal in 1 month. Wrong. Impact is severe widespread &exponential.”
"This analysis comes frm people who simply dont undrstand ripple effects & massive ramifications of complete shutdown. They perceive its small collateral damage bc they also believe everything can go back to normal in 1 month. Wrong. Impact is severe widespread &exponential."👏👏 https://t.co/IDtpD92X4N
— Santiago Capital (@SantiagoAuFund) March 29, 2020
First, we may not have seen the bottom. Second, this recession was brought on by an external force unlike none of the others. https://t.co/US1eXBINgF
— David Kudla (@David_Kudla) March 29, 2020
People think after the end of this virus we’ll see a V-shaped recovery.. Complete illusion.. https://t.co/7oPd9dLymu
— A.Urban (@AlessioUrban) March 29, 2020
“Hedge funds closed their bearish bets on gold at the fastest pace ever as central banks and governments struggled to contain the fallout from the coronavirus pandemic, bolstering the case for owning bullion.” – BBG
— Volatility Quant (@VolatilityQ) March 30, 2020