The car companies going bankrupt would be a big positive for the market first, allowing investors to move forward, and second, finally embracing an outcome brought on by free market ideals.
Does it really matter if it is a new bull market or a bear market rally? Either way it would not be unusual to see a 25-35% up move in a few months. Look back at 2001-2002, there were several 20%+ moves higher.
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