The grossly incompetent Bank of America, including two other investment banks, stated overnight that the US share market has hit the forecast lows for this whole crisis.
If that doesn't prove that the Wall Street banks are making a last ditch effort to cause a 'dead cat bounce' in order to sell their existing unsold positions into, I don't know what is.
Anyone believing what the "investment analysts" are saying are fools. The term "market manipulator" was created to describe people and institutions like these.
The 2007-9 GFC lasted 15 months.
This one has been widely projected to last up to 36 months. This is just the beginning.
Only day traders are relying on retail investors to believe the hype, in order for there to be some volatility and volume to trade on.
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