S&P 500 Index is up 1.78% today. It looks like panic is, mostly, over (like it should be after such a sharp decline).
Of course we should not be sure about the bottom of the market. But my thinking is this: interest rates are close to zero. There are no good alternatives to invest money but stocks. Investors will calm down and start buying stocks again. Soon.
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timeasmymeasure
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Date: 2020-03-10 05:20 pm (UTC)It looks like panic is, mostly, over (like it should be after such a sharp decline).
Of course we should not be sure about the bottom of the market.
But my thinking is this: interest rates are close to zero. There are no good alternatives to invest money but stocks. Investors will calm down and start buying stocks again. Soon.