Replies to post #35004 on The New CS Board

[ahimsak]

Excellent post. It all comes down to will the economy improve rapidly enough to support higher prices?

It will improve vastly in the third and fourth quarter, and if the market was down 30 to 40%, then I would say buy, buy, buy.

I have a bias that expectations for third and fourth quarter profits are unrealistic. If I am wrong, then the market just keeps going up. And I think 2021 is going to be horrible, and the market expects the opposite.

The Fed started pumping money into the economy, maybe not as much as now, but quite a lot, in the fall of 2008, but it took 6 months before it finally got a massive rally started in the market.