Traders...
Ok these are the facts....
we are going to have a recession...
This is my simple summary from Bill George a respected analyst !
Now will it be V shaped...
A sharp downturn for the next severable months, followed by rapid growth in early 2021...
A U shape recession...
A sharp downturn for the next several months followed by a year of ''bottom dwelling'' for 12 or so months followed by rapid growth in early 2022...
Or a L shaped recession..
.A sharp downturn for the next several months followed by YEARS of ''bottom dwelling'' then a gradual growth in the rebound...
I have kept it simple without too much technical jargon...What will it be ?
I also consider GXY to rebound strongly in ANY of these above senarious !
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