Former Goldman Sachs Manager Says: This year is lining up exactly like the 2000 dot-com bubble crash — stocks will drop 40% from here


 

(From Marketwatch)

“The Nasdaq in 2000 did a similar bear market bounce as stocks this year — dropped 40%, then bounced 42% off the bottom retracing 61.8% of its drop. It stalled then fell 43%, making a new low four months later,” Meade said.

Reprinted from: https://www.ac2news.com/2020/05/former-goldman-sachs-manager-says-this-year-is-lining-up-exactly-like-the-2000-dot-com-bubble-crash-stocks-will-drop-40-from-here/

Leave a Reply

avatar
  Subscribe  
Notify of

More from Against Crony Capitalism: