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Paul T Paul T is online now
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Join Date: Jun 1999
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I always hesitate to make general market predictions, especially when they are saved on the interwebs forever! But, I'll make an exception here. Don't be fooled by the latest rally...stocks really aren't "that" cheap here historically and earnings are going to continue to deteriorate into Q2. Likely we're going to see several NYC style hotspots in the coming weeks with ICU units overwhelmed. Ignoring social distancing in the short term will only exacerbate this. The news in general is not going to be good the next 4-6 weeks, IMO. I would not at all be surprised to see 1800 SPX in the next month or 2. Hope I'm wrong....
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1957 Speedster, 1965 356SC, 1965 356SC Outlaw, 1972 911T, 1998 993 C2S, 2018 Targa 4 GTS, 2014 Cayenne S, 2016 Boxster Spyder, 2025 Ranger Raptor
Old 03-27-2020, 06:54 AM
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