Stock of the Day
Stock of the Day
Out of context: Reply #159
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Why the Stock Market Hasn’t Hit Bottom and Could Fall Another 35%
Don’t get too excited about the second consecutive day of stock- market gains.
Charles Dumas, chief economist at TS Lombard, doesn’t think the S&P 500 has hit bottom. He says the U.S. will be in a recession at least through the summer as the economy feels the second- and third-order ramifications of the coronavirus pandemic, and efforts to control it.