The first down leg was caused by Absolute panic, but now it is time for the fundamental elements to play their roles!
More than 30 million Unemployment claims and -7.8% consumer confidence index means lower spending in coming months which will lead to lower sell and profits for companies!
Don’t forget that average bear markets lasts 16 months!
More than 30 million Unemployment claims and -7.8% consumer confidence index means lower spending in coming months which will lead to lower sell and profits for companies!
Don’t forget that average bear markets lasts 16 months!