Before getting carried away with any rallies, remember when the stock
market started going up on the news of coronavirus. The reasoning of
Wall Street was that the virus would cause central banks to print more
money. (The stock market is addicted to easy money.) Subsequently, Wall
Street twisted the news of the coronavirus to claim that it was easing,
and the stock market went higher than it was before the news of
coronavirus. At that time, I wrote “How an external event could stunt U.S. stocks.”
All prudent stock market investors should consider reading “Prudent investors should look at these four stock charts as coronavirus spreads” and “Stock market investors’ motto — ‘in central banks we trust’ — is still working.”
Read more at: Head-fake’ stock market rally may become real with interest-rate cuts - MarketWatch
All prudent stock market investors should consider reading “Prudent investors should look at these four stock charts as coronavirus spreads” and “Stock market investors’ motto — ‘in central banks we trust’ — is still working.”
Comment EU-Digest: Expect what the Federal Reserve and central banks have done in the past: Save stock market investors
Read more at: Head-fake’ stock market rally may become real with interest-rate cuts - MarketWatch
