In my most recent blog I mentioned the rush for cash by US corporations. Well it is not so easy for small business owners. According to Womply and AARP, 55% of small busines could not survive a 3 month shutdown of the economy. This same study also found that 53% of households have NO emergency
It is no surprise that large corporations have been rushing to husband any sources of cash due to the global economic shutdown. Since this is an unprecedented situation it is difficult to model outcomes. Therefore, companies are grabbing any sources of cash. Stay Tuned, Disciplined & Patient! {TJM} The Investor & Character Equation (ICE) |
“It feels like strapping on a flak jacket and jumping on hand grenades going off every day,” said the head of one US hedge fund. “And it feels like I’ve lost some body parts.” STOP This was the recurring theme of a recent Financial Times article that outlined how the coronavirus shock has effected the
…Bear Market Bounces – II This Chart of the Day shows previous bear markets and the largest bear market bounces within each: Stay Tuned, Disciplined & Patient! {TJM} The Investor & Character Equation (ICE) | S + R = O IMPORTANT DISCLOSURE INFORMATION Please remember that past performance may not be indicative of future results.
…Bear Market Bounces Bear markets are often punctuated with short and sharp bounces higher before resuming their trend lower. Stay Tuned, Disciplined & Patient! {TJM} The Investor & Character Equation (ICE) | S + R = O IMPORTANT DISCLOSURE INFORMATION Please remember that past performance may not be indicative of future results. Different types of