Excerpt from CNBC quoting DataTrek’s Nick Colas:
…. “Nicholas Colas, co-founder of DataTrek Research, notes: “Like the March 9, 2009, lows for US stocks, the March 23 lows [in 2020] marked ‘peak unreliability’ in terms of investors’ judgements about their environment. In both cases, fiscal and monetary policy went to work to reestablish market confidence”….
Read the full article here on CNBC!