• How much of the bear market losses have been recovered?

    1 month ago - By Fortune

    The speed and turbulence of the stock market's downturn in February and March was insane. March was the most volatile month since the Great Depression.
    The move made sense in many ways, though, because of the pain and confusion caused by the pandemic.
    The speed and explosiveness of the market's rally since late-March is more of a head-scratcher to many market participants. Much of this recovery can be attributed to the fact that the fiscal and monetary response occurred nearly as fast as the bear market itself.
    Even with government interventions, I'm not sure any investors would have...
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  • 'Embrace the coming crash': A notorious market bear who called the dot-com bust warns big tech stocks are on the verge of succumbing to the economy's downturn

    'Embrace the coming crash': A notorious market bear who called the dot-com bust warns big tech stocks are on the verge of succumbing to the economy's downturn

    1 month ago - By Business Insider

    Societe Generale's Albert Edwards says tech stocks face a downfall similar to the dot-com bust he forewarned about in the late 1990s.
    While acknowledging their market leadership so far during this pandemic, he warns that their prices are rising at an unsustainable pace relative to profit growth.
    He likened the appeal of tech stocks today to commodities at the onset of the 2008 financial crisis.
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