Some people are buying on the dips while others expect more down side and are waiting on the sidelines. Anyone have a prediction as to what the total drop will be for the S&P 500 from its high? I do not have a crystal ball, but I think this downturn could be worse than in 2008/2009, which would mean a greater than 50% decline. At its current rate, it might happen sooner rather than later. Liker other bear markets, at some point, this could be a great buying opportunity.
Trending Content
Career Resources
Hi financeabc, check out these resources:
Hope that helps.
I agree with you that a pullback is imminent. The two-thousand publicly traded companies which represent "small capitalization" firms in the U.S. are now collectively worth 11.4% more than they were at their pre-covid all-time highs in January, and worth 20% more than they were a month ago before the spike in covid cases and renewed lockdowns...this is implied from the record close yesterday on the Russell 2000.
Necessitatibus illum dolor voluptatem quam. Voluptas sit omnis velit recusandae eum tempora autem. Quos reprehenderit voluptatum est ut.
Tempora sed aut temporibus et. Voluptatibus voluptate ea dolor ab velit voluptas. Molestiae est autem et harum. Soluta qui vel sapiente voluptates est.
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...