If the bulls thought what happened in March was the crash then imo they are mistaken.
The crash, the pop the blow-up will make dot com bubble and GFC look tiny!
People already know that FAANG stocks hold a large weight and when it cracks it's going to burst.
Nearly 41 million Americans have filed for unemployment benefits and April unemployment rate was 14.7%. Wait until you see the figures for May to be released tonight. Forecast is for 19.8%.
GDP for the first quarter of 2020 dropped 5% and Federal Reserve Bank of Atlanta is estimating a crater of nearly 51% in the second quarter.
If the bulls thought what happened in March was the crash then...
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