Is the Coronavirus Bear Market Over?
(March 27, 2020, 8:30 p.m. EST) After nosediving 33.9% between February 19 and this past Monday, March 23, the Standard & Poor's 500 stock index rebounded sharply and ended the week about 13% off its bear market low.
While the vicious plunge may resume, signs that the worst of the coronavirus bear market may be over began to emerge.
JP Morgan and Goldman Sachs both forecast an unprecedented contraction in the second quarter ending June 30, 2020, followed by a third quarter surge in growth. Goldman Sachs expects a mind-bending 24% contraction in the second quarter while J.P. Morgan forecasts a 14% slowdown in Gross Domestic Product.
- Confirming Recovery Is Under Way
- Despite Grim Headlines, Stocks Rose Sharply -- Why?
- The Paradigm Shift In Valuing Stocks
- Retail Sales And Housing Starts In June Reveal Recovery's Shape
- Keeping Perspective In An Unreal Environment
- Economic Fundamentals Recovering As Stocks Surged For the Week
- Stocks Swing Wildly As Economic Recovery Begins
- Dog Days Of Summer In The Economy
- V-Shaped But Full Recovery Is Long Off
- Covid-19 Causes A Good Surprise
- The Epidemic Sets The Economy Back About Two Years
- Is This A New Bull Market?
- The Pandemic And Stocks
- Despite Disastrous Jobs Report, Stocks Surged 1.6% Friday
- Amid The Crisis In The Economy, Two Good Anomalies
- Financial Economics With The Epidemic's End In Sight
- The Beginning Of The End?
- An 11.4% One-Week Gain In Stocks
- What Investors Should Expect And A Business Owner Alert
- Is the Coronavirus Bear Market Over?
- What's An Investor To Think Now?
- Will Covid-19 Crisis Be Short-Lived?
- Despite Covid-19, Signals Of Economic Health Continue
- Covid-19: Facts And Perspective For Investors