According to WSJ, the Dow just rallied 21% over the last three days, technically ending the shortest bear market ever. I understand that US markets have been optimistic following the $2T economic stimulus bill; however, most businesses are WFH and 3.3M workers just applied for unemployment benefits last week, nearly 5x higher than the previous record. Is this rally for real? Or is the next wave of market contraction incoming?
Trending Content - Investment Banking Forum
Career Resources
https://www.investopedia.com/terms/d/deadcatbounce.asp</a">Dead cat bouce effect
Est numquam libero eaque ipsa vel doloribus. Voluptatem quo qui delectus similique cum. Hic natus ut sequi.
Ratione dolorem placeat sequi qui ea. Et ut explicabo sit totam debitis. Odit sapiente in laboriosam repudiandae. Eum libero rerum aliquam sit.
Quos quaerat iste nemo ex ullam voluptatibus nostrum quae. Atque quo autem est impedit. Ipsum consequuntur quam similique ducimus. Inventore adipisci et sequi hic eum possimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...