BUSINESS
We can’t expect the usual thing to happen on Wall Street - Economo
BUSINESS

We can’t expect the usual thing to happen on Wall Street - Economo

Published: July 8, 2020  |  3 min read, 690 words
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Nothing has been normal on Wall Street for a long time. So expectations “for the usual” to happen are particularly difficult.Yet this is exactly what strategists and analysts continue to do as the pandemic and its economic pressures develop. They turn to their only guide – the past. It’s a technique that showed how old it really is in March when the fastest decline in history turned into the fastest 50-day market growth in nine decades – a rally that those with a penchant for history described as doomed.Now that the momentum has returned, history suggests that the heights are here to... READ MORE
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