Is this really the bottom? As of 7 April, the S&P is 21.51% below its intraday all-time high of 3,393.52 from Feb 19. The Dow is 23.30% below its intraday all-time high of 29,568.57 from Feb 12. Both have rallied after the initial stomach churning fall. Have we passed the eye of the storm? I’ve six views/data points that largely suggest the worst may not be over.
Read MoreBefore I start off, this piece was written on 15 March 2020 and is based on what has happened till date and some related likely scenarios. At the blindingly fast rate at which the virus and markets are moving, I won’t be surprised if some of my assumptions and analysis turns out to be very obsolete very quickly….
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