Some say as pessimism is widespread it’s actually good for stocks. Bull markets have historically emerged from a universe filled with pessimism or with array of worries. The same scenario happened in December 2018 amid the 23% bear-market drop by the NASDAQ. Any Corona weakness or reaching corona peak also could generate demand for stocks. Finally, Lower interest rates generally support asset prices whether it be equities, bonds, or property. It is a worry for those with money in bank deposits when there are negative interests or very low interest rates.
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