This is NOT a V-shape recovery

by Dans2016

 

TV talking heads are touting a V-shape recovery and “buy the dip” since last Friday. There won’t be a recovery for some time. Market was a bubble and needs to rests to sane levels. More stupid Fed actions would add to troubles. We’ll have money to adopt a real polar bear soon. Have a bear soft toy on your trading desk until then.

www.cnbc.com/2019/08/21/morgan-stanley-risk-of-a-global-recession-is-high-and-rising.html

www.reuters.com/article/us-health-coronavirus-pimco/pimco-sees-mild-recession-due-to-virus-but-tight-credit-poses-risk-idUSKBN20V11U

 

 

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