The Credit Writedowns Newsletter

Share this post

Re-calibrating forecasts and relative value in a post-lockdown world

pro.creditwritedowns.com

Re-calibrating forecasts and relative value in a post-lockdown world

Edward Harrison
May 19, 2020
5
2
Share this post

Re-calibrating forecasts and relative value in a post-lockdown world

pro.creditwritedowns.com

Yesterday was a nice little rally in shares on the back of good news about a virus trial and stimulus support in the US and Europe. That saw us get well over the 61.8% retracement level for the S&P500, where there had been a lot of resistance. Buy and hold is seeing a lot of investors through this worst recession in ninety years, even as the likes of Wa…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2023 Global Macro Advisors
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing