Corona Crash – Target 2 Achieved – What Next?

2020年3月11日

Update from my post on 28th Feb, target 2 is achieved.
The question is how low can it go?
Back to 2015 levels, back to 2008? Probably.
No amount of stimulus is going to make companies profitable again in the short term. The stimulus needs to target consumers, but if they cannot go out and spend it or it cannot be delivered then what?
Depending on your trading or investing style this is a great market or a terrible one.

• 
  Trading Short Side – Brilliant
  Trading Long – Terrible
  Investing Long and still in the market – Terrible
  Pulled all money out of the market – Brilliant
  

The smart money is waiting for the value zone, that zone will vary for specific stocks, but once COVID 19 is under control we should see a sharp bounce back.