No surprise
In early March, I wrote a letter to clients of the firm to get across a very simple, but powerful concept that I wanted everyone to understand: The news will get worse, but its ability to shock us will diminish. Read: “The One Thing We Know For Sure” for more on this. US stocks stopped falling in March 2009 approximately six months before unemployment peaked. It’s not that stock market participants knew ...
source https://thereformedbroker.com/2020/04/27/no-surprise/
The post No surprise appeared first on The Reformed Broker.
source https://thereformedbroker.com/2020/04/27/no-surprise/
Comments
Post a Comment