SP500 0.58% 2,958.8 standard & poor's 500

Sorry mate but the world can't shut down for 6 months and just...

  1. 546 Posts.
    lightbulb Created with Sketch. 93
    Sorry mate but the world can't shut down for 6 months and just carry on as normal. The economic impact of the shutdown plus job loses is incomprehensible and in 12 months time you'll look back and think how stupid it was you didn't see it coming.

    Before there was any sign of Covid the markets were already massively overvalued, and do you know how big the debt bomb was? It was on the brink of detonating, then covid hit. kaboom. This takes months to filter through the system but mark my words once the dominoes start to fall the s&p will return into the mean long term growth trend around 1500-1800.

 
watchlist Created with Sketch. Add SP500 (INDEXSP) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.