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)

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.”

“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.”



Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.