Though no meme has immediately emerged — unlike the now-infamous Jim Cramer television shot simultaneously showing a huge jump in stocks and a historic spike in jobless claims — Tuesday’s session carried another contradictory message.
“Markets lead the economy,” they say. “If a deep plunge in activity will mean the second quarter of 2020 marks the lows for activity, we think it’s very reasonable that the low for equity/credit prices happens before that. While anything could happen, that’s been true more often than not.” With total confirmed COVID-19 cases on the precipice of the 2 million mark, data continues to point to slowing growth. New-virus cases worldwide grew 3.1%, including 4.4% growth in the U.S., according to data compiled by Deutsche Bank. The worldwide growth rate was 6.1% and the U.S. growth rate was 7.6% five days ago.
Офицер полиции просит представителей общественности покинуть пляж 10 апреля 2020 года в Брайтоне, Англия.
Hopefully more are bullish. All I know, is I'm losing in the market today