Market Review and Trends
Markets : Theory vs Reality
By Early Retirement SG  •  June 5, 2020
So... Markets have been on a tear. Worldwide. Not just in the US, SG has gotten a nice 20% recovery, US even more, and other countries as well. So... of course there's lots of self doubt on my end. Am I wrong? How wrong am I? At this point, looks like I'm very very wrong. And here's where I feel that the disparity between theory vs reality comes in. COVID has or is supposed to have messed up 2020. Most of the world has some form of lockdown since mid March. It has been 2.5 months. Even though many countries are planning on opening up slowly. It's not immediate. So I would think it maybe 6 months before things are fully open again. 6 MONTHS. Half a year. Businesses CANNOT have felt nothing. There MUST be pain. Consumption has dropped drastically for half a year. Tourism is almost non-existant. US has 40 million people unemployed. Hertz, JC Penney, other businesses have filed for...
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By Early Retirement SG
Male, born in 1982. Graduated with a degree majoring in Banking & Finance, Financial Adviser for a period of time resulting in in-depth knowledge of insurance products and marketing techniques of the industry ...
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