Another Record: Fastest Decline in History


Corona virus creates another record for stock market in 2020. S&P lost more than -30% from record high with only with only 22 trading sessions.

It beat previous records occurred on 1929, 1931, and 1934 when great recession tool place in US.

Apparently, this kinds of behavior may forecast upcoming economic turmoil in addition to the virus problem.

There is no bottom for stock price level since there is nothing to correlate from historical point of view.

Staying cash or some short / put positions might be the best way to go through the darkest periods in stock market for the next 6-12 months.

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