Same holds true in the stock market although the mania surrounding this is going to impact the economy in a big way for the next couple of quarters. Thus, companies are going to get hit but should see a return to normalcy by the fall.
Out of panic and mania comes opportunities. The question is who is going to take advantage of it?
Posted via Steemleo
Smart money. That's why we should always have 30-50% in cash for such opportunity. For example, RUSSEL2000, $IWM lost it's 5 years gain in just one month or DOW30, $DIA lost its 2.5 years gain.