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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 416.72+1.2%Dec 26 4:00 PM EST
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To: TobagoJack who wrote (155625)3/31/2020 7:50:14 AM
From: carranza22 Recommendations

Recommended By
marcher
Secret_Agent_Man

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Now that chloroquine has been validated as a cure, markets can see a more certain path to recovery. My guess is that rest of year will be bullish for this reason alone. Reinforcement for this view lies in the fact that the Saudi/Russian tiff has to end, else Russia suffers greatly. Oil simply cannot stay in 20s for very long, especially as demand ramps up.

A painful episode, no doubt, but I don’t see it as another 2008. Probably time to pick up bargains for the long term, like high dividend tech and oil majors.
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