CNBC: “This was the fastest 30% sell-off ever, exceeding the pace of declines during the Great Depression”

CNBC: “This was the fastest 30% sell-off ever, exceeding the pace of declines during the Great Depression” - DataTrek Research

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CNBC: “This was the fastest 30% sell-off ever, exceeding the pace of declines during the Great Depression”

By admin_45 in IN THE NEWS CNBC: “This was the fastest 30% sell-off ever, exceeding the pace of declines during the Great Depression”

Excerpt of CNBC quoting DataTrek's Nick Colas:

.... "Do not believe that any equity market stabilization is a sign of an investable bottom in US stocks since history strongly suggests otherwise and we are mindful that 2020 is running the 2008 Playbook at double/triple time,” DataTrek Research co-founder Nick Colas, said in a note. “The next flush down could, in other words, be days rather than weeks away"....

Read the full article here on CNBC!

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