Ali Farhad Posted March 26, 2020 Share Posted March 26, 2020 What are peoples thought on this rally after the US job number release? Is it just temporary before another fall? Quote Link to comment Share on other sites More sharing options...
0 Sam Farrah Posted March 26, 2020 Share Posted March 26, 2020 in my opinion it is just a temporary rally before a bigger fall. the only thing that has changed is that the fed and US government have now injected trillions of dollars into the economy. But in my opinion this won't change the situation as the coronavirus is still here and spreading, meaning that businesses and people will continue to stay in lock down which will continue the downturn in the economy. Today's data was a really bad number, however, it may have already been priced in. Going forward, I expect the data to continue to worsen as the virus continues to spread and economies are almost halted. I think we will see another sell off in stock again in the near future. Quote Link to comment Share on other sites More sharing options...
Question
Ali Farhad
What are peoples thought on this rally after the US job number release? Is it just temporary before another fall?
Link to comment
Share on other sites
1 answer to this question
Recommended Posts
Join the conversation
You can post now and register later. To reply to this question, sign in or create a new account.