Who would have bet by the end of February in this quarter, output would have been laughing on Wall Street. The 30 days the stock market world was still in order, the markets around the world rushed from record to record. But then, the Corona-crisis caught up with one country after another – and the shares were in free fall.
The Swiss market index SMI is globally well: a Little more than 13 per cent, lost the most important Index in the country from the beginning of January until the end of March. For comparison: The DAX has fallen since the beginning of the year, a whopping 25 per cent in value – the worst quarter of all time.
Also on Wall Street in New York, it was a bad quarter. The American leading index, Dow Jones crash of his recent all-time record of 29’500 21’900 points. In the meantime, all of the stock market were erased gains under the presidency of Donald trump (73). Ultimately, the quarter-over-Quarter decline of 22 percent, beating the Dow Jones book – a negative record, according to CNBC. In spite of historically low interest rates and a 2-trillion rescue package from Washington.
U.S. economic expert: “the Situation can change quickly,”
is not ruled out A reversal of the trend, according to U.S. economy expert Jay Ritter of the University of Florida, however. “For the past week gives cause for hope. Let’s not forget: As with many other severe Market declines the Situation can change quickly.”
Jay Ritter refers to the month of may in the year 1940, when the German Invasion and the collapse of the French army shocked the world. “And in September and October of 2008, the global financial crisis,” said knight all of a sudden. History has shown that crises usually end with a strong rally. Be notice to all investors: “If you missed this rally, then a large part of the subsequent bull market goes through the lobe.”
