RE:RE:can the economy take this big a hitI agree that it depends on how long the pandemic lasts, but and I mean a big BUT, The way the market went this week and since the lows is only based on stimulus and not real fundamentals. Dare I say 08/09 was fueled by stimulus as well. How long can stimulus keep creating growth is what I'd like to know. The market should pay attention to companies when they start pulling guidance reports = no guidance. Because same companies don't really know how bad this will get with the true numbers.So where do we base the numbers from?
On that note I would be very cautious all together!