(03-31-2020, 01:10 PM)fenders53 Wrote: Because the earnings misses will be epic and a lot of companies are taking on enormous debt level that may harm them. Those are the most important reasons to me. History also says bear markets last longer than a couple weeks.
Its like 3 to 5 months lol. The market priced in like 3 years. We already know earnings won’t be anything special for at least 2 quarters. You don’t need to be a genius to figure that out
These companies will be just fine. The government won’t let them fail. At least not the big guys. And the ones that go away will be small companies in your neighborhood. Some retailers like Gap and Macy’s. The movie theaters and things like that. These are different times now. Better buy before you get left behind