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
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!