We said this already: No US monetary and fiscal policy can save the US stock markets.
http://sg-stock.blogspot.com/2020/03/no-us-monetary-and-fiscal-policy-can_16.html
The US stock markets still plunge after numerous monetary injections and cash handouts.
No investor will dare to invest when there is an even bigger covid-19 outbreak in the offing. Not only people are losing their jobs and monies, but they are also losing their lives. This is a very different crisis and will lead to a great recession.
http://sg-stock.blogspot.com/2020/03/50m-americans-could-be-infected-by.html
Will you invest now when the US cases, currently about 20,000, may go up to 200,000 next month? I think the answer is very obvious.
As long as the US government is not doing the right thing, the US stock markets will have a hard time recovering.
What are the right things to do? Just read our post below!
http://sg-stock.blogspot.com/2020/03/the-us-markets-just-had-dead-cat-bounce.html
1 comment:
https://sg.news.yahoo.com/army-corp-of-engineers-races-to-provide-10000-hospital-rooms-for-coronavirus-response-223023854.html
The US is finally heeding one of our advices. More actions need to be done to mitigate this virus outbreak to break the chain of transmission.
http://sg-stock.blogspot.com/2020/03/the-us-markets-just-had-dead-cat-bounce.html
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