The stock market has never failed to recover from even the most catastrophic events. That includes the Great Depression, World War 2, the Tech Bubble, 9/11 terror attacks, the housing crash and the financial crisis of 2008. It’s a long list of turmoil and devastation – yet – the stock market recovered every time. I expect the same to happen with coronavirus.
Global markets have been highly volatile for the last month as the global economy has been rocked by coronavirus. Today I share a four portfolio strategies to consider.
After a brutal four weeks, global stocks finally broke the losing streak and had one of their best weeks ever – with the S&P 500 up 16% from the recent low. Now, investors want to know – is this a head fake or is the selloff over? Today I am going to reveal the answer and provide guidance on how to move forward.
How much lower? That is the question everyone is asking after stocks logged one of the biggest weekly declines ever. Despite the carnage – today I am going to reveal my forecast for the next few weeks and why I am optimistic the global economy and stocks will recover sooner than most expect.
After a brutal three weeks, global stocks saw a huge relief rally on Friday. The S&P 500 jumped +9.3%. The NASDAQ jumped +9.4%. It was the best one day jump US stocks have seen since 2008. The rebound was triggered by three powerful forces.
Global stocks are having one of their worst weeks since the global financial crisis of 2008. Investors are nervous and looking for guidance. Today I am going to share my outlook for global stocks – and share two portfolio strategies.
It was a brutal day on Wall Street. US stocks has their worst day since the 2008 financial crisis. The S&P 500 is down 18.5% from the 52-week high, just short of a bear market which is a decline of 20% from the 52-week high.
It’s been a brutal week for global stocks as coronavirus continues to weigh on the global economy and investor sentiment. According to data from Factset, this is the Dow’s 14th worst 5-day sell off in 124 years.
The Covid story is loaded with highly questionable government data, a quickly growing death toll and conspiracy theories that look more like reality every day. Best case scenario: Covid 19 is an aggressive form of the flu. Worst-case scenario: This is a man-made bio weapon with the ability to end human civilization within a few years.
2019 was an excellent year for global and US stocks. However, despite my expectation for some short-term volatility – I am expecting another solid year for US and global stocks. At the highest level, when stocks have a monster year like 2019 it usually leads to another good year. Here are some more details from CNBC.
