Skip to comments.The next 45 days are the ‘most critical period in U.S. financial history,’ says stock expert (trunc)
Posted on 04/19/2020 5:15:17 PM PDT by MeneMeneTekelUpharsin
After recovering a chunk of the losses racked up during the worst of the coronavirus-induced selloff last month, the stock market finds itself at a crucial inflection point, writes Alan B Lancz. The next 45 days may just become the most critical period in U.S. financial history, he wrote in a newsletter published Wednesday. While on average we may face a bear market every 10 years, this one is like no other, he said.
The contrarian money manager, who is a disciple of famed investor Sir John Templeton, said that the timing and execution of the reawakening of the U.S. economy from its dormancy could be one of the biggest factors in determining how the market recovers from COVID-19, which has forced swaths of businesses to shut down to help stem the spread of the deadly contagion that has infected more than 2 million people and claimed 137,000 lives, according to data aggregated by Johns Hopkins University as of Wednesday evening.
And even if the economic revival is executed flawlessly, the founder of the eponymous Toledo, Ohio-based investment advisory firm said the result will be a so-called U-shaped recovery, where a rebound in business and consumer activity from pre-crisis levels will be long and slow. Even if we execute properly, the recovery will take time and a best-case scenario is a U shaped recovery, he wrote. The much talked about V shaped recovery is no longer in the equation because of the unprecedented combination of negatives with this crisis, he said, referring to hope for a recovery that is sharp and fast.
(Excerpt) Read more at marketwatch.com ...
The stock market isn’t going to matter to most people anymore, when we lose all the small businesses. I’m really concerned that this lockdown is a precursor to an authoritarian govt for our country. If it lasts another 30 days nothing can save small business in this country.
>>While on average we may face a bear market every 10 years, this one is like no other, he said.
This is a manufactured event as was the housing crisis in the US.
9-11 was an act of war and in that sense it was manufactured as well.
Does Jamie Gorelick have a hand in this one too?
We won't lose them all, but we will lose most of them. This is starting to be a REAL problem. Have to open the country back up.
Manufactured by the media and Democrats. They better back off or no one will have control of what happens next. How stupid can they be?
Well said. The cure is worse than the disease. We must open up, we MUST.
I agree, back it up and make them arrest you with a swat team and TV cameras rolling. Let the public see what it really is.
I don’t know about Gorlock but Fauci sure as hell does.
I’ll tell you how stupid. When they manufactured this shutdown, they didn’t stop to think that the tax revenues that funds Big Government comes from the private sector.
Bunches of teachers, government deadheads, and politicians are about to lose their jobs.
THAT’S how stupid they are.
How can anyone make business plans to open, expand, release a product, etc?
Doesnt matter if it is a restaurant, store, movie, festival (which entails space rental, performers/guests, food and merch vendors, ticketing...), computer or other product. Timing is everything snd the overloads dont care about your product investment or schedule.
They control the horizontal and vertical.
Even barbers are out of work during this period. The old saying was, hair always grows; the implication being that people always need barbers.
Maybe the only thing that still comes to market with demand is fresh food. But getting the labor to harvest can still be a difficult thing.
The operation was a success but the patient died.
Think of all the city funding that is done through traffic tickets. Speeding tickets and parking tickets. A lot of cities are going to have a shortfall. They used ticketing for revenue and not strictly punishment.
Yep. They are destroying EVERYTHING. Pelosi probably sending private messages to Trump telling him to resign or she’s going to burn the nation to the ground and go down with it. I can imagine her thinking like that.
Bill damn Gates has a hand in this
That may very well be the case. I pray not.
Mikovits sure knew of what she speaks with this assessment:
Dr. Judy Mikovits, in her second book has this to say about the great Dr. Fauci:
There are three people I place ...in the Unholy Trinity of Science Harold Varmus, Francis Collins and Tony Fauci. Whenever you ask yourself why the truth hasnt been told in a critical area of public health, youlll probably find the fingerprints of these men at the crime scene. - PLAGUE OF CORRUPTION Dr. Judy Mikovits, pg 41.
Fortunately, we’re next door to a bunch of Amish, fresh food that I can’t raise will be available.
Restaurants and bars are mostly kaput already. I hate to be negative, but where is Congress at the moment? Do you think they care if you live or die.....nah
They are loving this
they are linked, stock market and small business and jobs
stocks crash, cash dries up, spending shrink, real estate plummets, small business go under
Has anyone noticed that none of the governors have offered to suspend property taxes which would help small businesses and individuals-they need their $s for gov workers-all getting paid
More buying opportunities ahead.
The operation was a success but the patient died.
= = = =
Okay....don’t invest in America $ then.
Where will you invest?
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