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Speed Demon: Fastest Bear Market In History Leaves Traders Reeling

Speed Demon: Fastest Bear Market In History Leaves Traders Reeling

1 min read
Traders and investors are staring into the abyss in the new week after a veritable "all in" moment from the Fed and its global counterparts failed to allay concerns about an economic calamity on par with the worst collapses in modern history. And no, unfortunately that is not an exaggeration. Some now see the US economy contracting 8% in Q2 as a result of the virus lockdown measures. The Empire manufacturing gauge plunged the most on record in March. Overnight, China unveiled the worst monthly
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