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santafe2

06/22/20 1:09 PM

#85541 RE: cgavin5 #85538

I think those are good entry points but I'm being very cautious here as I don't like a market I don't understand so I'm in no hurry to throw money at it. It's likely 2nd quarter GDP will be down over 35%. The Atlanta Fed is estimating 45% with their GDP NOW application. With COVID coming back it may have a downward effect on Q3 GDP which currently is not anticipated by the market and will lead to a W shaped recovery instead of the current V recovery.