Friday, February 28, 2020

Bad and good stock market news

The Corona virus will be the catalyst that ended a long bull market and brought down a huge correction over the financial markets.

That situation hurts everyone who has some money in the stock market and will take some time to expunge itself. That is the bad news.

The good news is that an abysmal stock market drop will not help Trump’s re-election as it won’t go in the direction of his self-appropriated fabulous economic records, even though he said the crisis is another “hoax” concocted against him by the Democratic party.

This correction too, will take some time to expunge itself and let’s hope it lasts well into November 2020.

No comments: