‘Very Good To Me’
Most of us saw US equities stage one of the largest single-session declines in recent memory on Monday, complete with a quadruple-digit drop on the Dow.
The harrowing plunge (which, I would note, never even tried to abate throughout the session) was the direct result of fears that the coronavirus may be on the verge of becoming a full-blown pandemic.
But Donald Trump conjured a different reality. "The coronavirus is very much under control in the USA", he said, after spending the day regaling
H-Man, the fat lady is singing but it ain’t over yet!
When it is finally over we can all look forward to all the stories about how analyst expectations were not met as pertaining to economic damages resulting from the virus outbreak……….Anything to spawn a rally !!!!!