Short term relief rally is on the horizon with a very obvious flag: new cases in Italy but the market will need a convincing trend to emerge, not a one off blip.
I am looking at this every day now. I missed the obvious short but I want to get the bounce back. However, I think a recovery will be short-lived because the economic costs to some sectors will be significant. This even will probably create changes to activity too but it's too soon to focus on that yet.
I am looking at this every day now. I missed the obvious short but I want to get the bounce back. However, I think a recovery will be short-lived because the economic costs to some sectors will be significant. This even will probably create changes to activity too but it's too soon to focus on that yet.