https://www.bing.com/images/search?v...t=0&vt=0&eim=1
What an amazingly high bounce ! Snow Leopard would be proud of that ! Definitely a live cat but as the old saying goes a picture says a thousand words and purr-fectly encapsulates what would appear to be highly likely to happen next.
I have been investing for nearly 40 years and have never seen a greater disconnect between share prices and the underlying economy and its likely future effect on corporate profits.
I don't think people are going to go back to the shopping malls and get on aircraft and stay at hotels and eat out at restaurants just because the Govt says its okay. The Big Bad Bear is still lurking and I think we are right at the peak of the middle part of the W, except the last part of the W will be like an L shape....might take years for things to go back to anything like they were....take care out there folks.