He who dares wins,but taking a position in the market as both America,England etc start the first days of a six months lockdown is the actions of the brave and maybe foolish.Their is now talk Trump will shut down the stock market when the market really gets dark (2007/2008 - 56% correction over 14 months.) and this world wide shut down will be more.When they closed the market in the 9/11 attacks ,on the first day trading after the week close,saw a 14% drop.When the credit markets collaspe(10 Yr going to 0--.05 ) and the corporate bond market explodes which is not if but when, the music will really stop playing.People expecting dividends will be disappointed over the near term and a trading range of $8-$12 in the second quarter which will see blood in the streets for the markets as earnings tank.
Cheers
WBC Price at posting:
$14.51 Sentiment: Hold Disclosure: Not Held
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