Yesterday, the financial media was a buzz speculating that stocks plunged due to professional investors abandoning all logic and training and risked their careers by selling without a direct link to the inputs into their financial and valuation models all due to the coronavirus. Today, stocks have gained back nearly all of yesterday's loss. What happened? I must have missed it. Did they find a cure? Or was the disease financialmediaitis: For every effect there must be a cause?
Stock Market Gains - Did They Find A Coronavirus Cure?
Today, stocks have gained back nearly all of yesterday's coronavirus fear-fueled losses . What happened? Did they find a cure?
Disclosure:
Accounts managed by Blue Marble Research may presently hold a long/short position in the above mentioned issues and their inverse comparables.
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