Screen. And we look at buying opportunities intact. Ben, carlton and. [inaudible] all practicing social distancing, thank you for letting us into your homes, i promise i will try not to stare at the background behind you for personal details. Ill do my best. Then, let me go right to you about the market. I used to know a thing or two about how the stock market works. You had your ups and downs, you waited them out, you got good returns over time, i not only just watched a bull market turn into a bear market in record time, i briefly watch that bear make it turn into a bull market in record time. What in the holy blue is going on with the market. I wish i could tell you. The only thing we can really know right now is that it is volatile. Through tuesday the market had been averaging 6 . Day. It hadnt done anything like that since the great depression. These kind of moves that were seeing come from the unknowable thats out there. Before we were worried that the Financial System was melti
Similar percentage moves for the s p 500 and the nasdaq composite as well. The question becomes after the best week for the dow since 1938 last week, the best week for the s p 500 and nasdaq composite, are we starting to see a market bottom play out . Lets start here with our invest Investment Committee joe, what are we seeing here is this a market bottom we can see developing out in the next couple of days and weeks no one knows the answer to whether this is an absolute market bottom. What is going on is theres a significant trading bounce in the market and a lot of it is predicated on the end of month rebalancing we know will occur into equities. Today, very surprising there seems to be a high degree of optimism relative to the expectation were going to get a significant amount of negative news coming this week in the form of ism in the form of unemployment figures and in the form of continued negativity surrounding riding cases of coronavirus here in new york city which is the epice
Screen. And we look at buying opportunities intact. Ben, carlton and. [inaudible] all practicing social distancing, thank you for letting us into your homes, i promise i will try not to stare at the background behind you for personal details. Ill do my best. Then, let me go right to you about the market. I used to know a thing or two about how the stock market works. You had your ups and downs, you waited them out, you got good returns over time, i not only just watched a bull market turn into a bear market in record time, i briefly watch that bear make it turn into a bull market in record time. What in the holy blue is going on with the market. I wish i could tell you. The only thing we can really know right now is that it is volatile. Through tuesday the market had been averaging 6 . Day. It hadnt done anything like that since the great depression. These kind of moves that were seeing come from the unknowable thats out there. Before we were worried that the Financial System was melti
And we look at buying opportunities intact. Ben, carlton and. [inaudible] all practicing social distancing, thank you for letting us into your homes, i promise i will try not to stare at the background behind you for personal details. Ill do my best. Then, let me go right to you about the market. I used to know a thing or two about how the stock market works. You had your ups and downs, you waited them out, you got good returns over time, i not only just watched a bull market turn into a bear market in record time, i briefly watch that bear make it turn into a bull market in record time. What in the holy blue is going on with the market. I wish i could tell you. The only thing we can really know right now is that it is volatile. Through tuesday the market had been averaging 6 . Day. It hadnt done anything like that since the great depression. These kind of moves that were seeing come from the unknowable thats out there. Before we were worried that the Financial System was melting down.
Screen. And we look at buying opportunities intact. Ben, carlton and. [inaudible] all practicing social distancing, thank you for letting us into your homes, i promise i will try not to stare at the background behind you for personal details. Ill do my best. Then, let me go right to you about the market. I used to know a thing or two about how the stock market works. You had your ups and downs, you waited them out, you got good returns over time, i not only just watched a bull market turn into a bear market in record time, i briefly watch that bear make it turn into a bull market in record time. What in the holy blue is going on with the market. I wish i could tell you. The only thing we can really know right now is that it is volatile. Through tuesday the market had been averaging 6 . Day. It hadnt done anything like that since the great depression. These kind of moves that were seeing come from the unknowable thats out there. Before we were worried that the Financial System was melti