The New CS Board

[dmorse]

No bad news to bring the market down? I've been with many here thinking the market should be heading down. However, it seems like we may have passed the peak of bad news. We are entering the other side of the curve and Governors are discussing strategies for reopening the economy in different states. Maybe the government's quick action with the stimulus and the massive amount of spending by the Fed was enough to save the market. Don't get me wrong, I see pain ahead and this won't be perfectly smooth but the market is forward looking. Plus, we have lower bond yields now which helps with stock values as well. Are we looking at this all wrong?

So... at this point, what can cause the market to head lower?