US Equities Mount Impressive Early Recovery

As fast as the downside breakout occurred, the upside recovery appears to be taking place as Q3 Earnings begin to hit the news wires. This past weekend, the news cycles and market experts all seemed to have opinions about where the US equities market was headed after last week’s price collapse. We’ve read everything from warnings of a $20 trillion dollar collapse to seeing Bloomberg’s SMART INDEX chart showing equity valuations are near historic market bottoms. It seems everyone wanted to get out and share their opinions – I guess we are no different.

error: Content is protected !!