MiddleOfRoader

S&P Returns Since 1927 Are Important

We are definitely in uncharted waters and overshooting on the downside appears inevitable. If a company merely voices uncertainty about future revenues and earnings, the stock sells off at least 10% even if results are meeting current expectations. So I think there is further to go on the downside.

The turnaround will come when the government gives out a credit towards a subsequent purchase each time something is charged on a credit card.