In preparing for today’s Switzer Report, I immersed myself in the data and issues that will turn this huge market sell off into a huge rebound virus data. I also wanted insights that could make my assessment of when this market might turn more believable.
Right now, we’re in the eye of the storm and the media and social media platforms are going to make matters worse, which will add to volatility. This is the time for cool heads. The last thing I want anyone to do is to cash out and run to safety after the market is down 27%.
The market could fall more, sure, but you only have to sell your quality assets if you really need to, so before you make that decision, please consider what is influencing me.