Wednesday, March 18, 2020

So bad, that it's good?

Mid-week market update: This bear market has astonishing in its ferocity, but we may be reaching the it's so bad things are good point. Here are some "green shoots" that are starting to show up.

Baron Rothchild was famously quoted as saying, "The time to buy is when blood is running in the streets, even when the blood is your own." We seem to be at that point of blind panic. Realized maket volatility is now on par with the Crash of 1929 and the Crash of 1987.

Is sentiment bearish enough for you?

The full post can be found here.

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