With the release that Gilead`s vaccine doesn`t work very well, there is no positive sentiment on the market.
Gold for example show`s us, that there is a risk for the economy to collapse more with his price which goes north.
I bet that with aproximately 26 000 000 jobless people searching for help only in the US there will be no fast recovery how some of the big banks expected.
Actually i think that maybe they have a problem with the liquidity and that`s why they are so bullish right now in front of the journalists. I was expecting financial crisis for more than a year, and i expect to be worst than what we have right now.
Remember that even with good Q1 earning reports most of the world locked up from the end of March. So i believe that the worst in these reports will come with the Q2 results.
Stay home, make money and don`t inject disinfectant in your body.