S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
When the market moves over 10% in a day, 50% gain is only 5 days. Catalyst could be Obamas stimulous which looks like getting closer to the magic trillion dollars. Rally could be fast and powerful but when you drop 50% and recover 50% you are still down 25% overall! Banks will definitely lead, imagine if Citigroup actually reported a profit in a couple of quarters, the market would go nuts!
S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
Catalyst could be Obamas stimulous which looks like getting closer to the magic trillion dollars.
Rally could be fast and powerful but when you drop 50% and recover 50% you are still down 25% overall!
Banks will definitely lead, imagine if Citigroup actually reported a profit in a couple of quarters, the market would go nuts!