More lockdowns, contested elections, eviction, and real estate crisis, closure of necessary institutions. Markets overvalued based on pe ration, current pe ratio, q factor, ev to ebidta, ev to sales. There is also an Indirect correlation of fed balance sheet to M2 over the last 15 years.
Note
Fib time zones were used to determine areas of possible peaks and downfallsNote
"Those who cannot learn from the past are doomed to repeat it" -George SantyanaNote
"Even after the unemployment rate goes down and there's a vaccine, there's going to be a substantial group of workers who are going to need support as they're finding their way in the post-pandemic economy, because it's going to be different in some fundamental ways," Jerome Powell "We're recovering, but to a different economy," Jerome Powell
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.