Hope everyone makes it through this severe downturn. Pretty scary!I see that the S&P 500 is down -.20% today.
Did a nuclear war break out or something?
Found another hilarious headline!!!
A trade deal may not be 'priced in' yet as study shows S&P 500 should be 11% higher
Fred Imbert | @foimbert
Published 12 Hours Ago Updated 10 Hours AgoCNBC.com
- Renaissance Macro Research estimates the S&P 500 has lost about 11 percent from trade tensions since January 2018, even with the recent run-up in stocks.
- "In other words, if not for all the negative trade news over the last 14 months, the S&P 500 would be about 11 percent higher," says Neil Dutta, the firm's head of economics.
- "With the market off its lows, a popular view is that the equity market has priced in all the good news already," Dutta says. "We are skeptical; the equity market only partially retraced the losses associated with trade tensions."
https://www.cnbc.com/2019/02/21/a-t...-shows-sp-500-should-be-11percent-higher.html
LOOOOL