Observing the rapidly developing market situation related mainly to the coranovirus pandemic, I have general thoughts about what will happen in the near future.
We are currently facing a major crisis that will not end as soon as in 2008 due to the fact that the situation is much more complicated than the banking crisis in 2008.
I believe that the markets will fall longer than in 2008 and there will be no sharp rebound. I bet that the markets will be looking for the bottom in this unpredictable situation for a long time and the injection of cash into the economy as in 2008 will not solve the situation because we are dealing not only with a financial but also a social crisis.
Probably, we are facing the most serious crisis, perhaps in line with the crisis of the 1930s.
Good luck and be safe!
We are currently facing a major crisis that will not end as soon as in 2008 due to the fact that the situation is much more complicated than the banking crisis in 2008.
I believe that the markets will fall longer than in 2008 and there will be no sharp rebound. I bet that the markets will be looking for the bottom in this unpredictable situation for a long time and the injection of cash into the economy as in 2008 will not solve the situation because we are dealing not only with a financial but also a social crisis.
Probably, we are facing the most serious crisis, perhaps in line with the crisis of the 1930s.
Good luck and be safe!