This is why the market will eventually correct , But how much and for how long is anybodys guess.
1.Nobody has yet found a cure for the common cold. Talk of a vaccine only put people's minds at ease thst there would be a cure. But there will eventually be a number of recognised treatments.
2. Forget about the crazy protestors against lockdown. Most people are concerned and will not go back to ordinary daily lives even if lockdown is lifted
3.the market trades on sentiment , and we are still a way from losing all hope that there will be not be a quick turnaround.
I don't think that poor results this week will kick start a plunge in value. Tbe market has already factored thst in.
i think it could be at least another month before we see any significant loss in the S& P.
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