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So far we've made back about half of the crash. The bottom was when Corona growth could still be considered exponential. All the bad economic data was already a
by auganov 6y ago
So far we've made back about half of the crash. The bottom was when Corona growth could still be considered exponential. All the bad economic data was already anticipated at this point.
Over the last few weeks it has become apparent Corona doesn't have much room to accelerate. The worst possible scenario is fairly well understood now and it's not all that bad. I assume most of the "rally" is taking horror scenarios off the table. Hence it's more of a reverse correction.