Dow nearing 26k: I'm an extremely optimistic person, but not this optimistic. There's no way we hold these levels until the end of the year unless there's another significant stimulus.
GDP shrank by about 27% during the great depression and economists are expecting a 30% contraction in Q2. I understand the fundamentals are different here, but if history repeats itself, we’re just getting started.
Keeping my piggy bank topped off for now.
How The Current Coronavirus Stock Market Compares With Great Depression & Great Recession Markets
https://apple.news/ArIuqMTdRSXO7Y09NmNhKGQ
https://dashboards.trefis.com/data/c...e=trefis200528