Market Analysis: The threshold for a rebound in U.S. stocks may be low

GOLDEN TEN DATA ON MARCH 11, AFTER THE U.S. STOCK MARKET PLUMMETED, JAMIE COX, MANAGING PARTNER OF HARRIS FINANCIAL GROUP, SAID: “WHAT THE MARKET IS REALLY WORRIED ABOUT IS THE DEBT CEILING, BUT IT MANIFESTS ITSELF AS A PANIC ABOUT ECONOMIC GROWTH CONCERNS.” Ironically, the mood is so bad right now that the market is likely to turn upwards at any positive cue, whether it’s avoiding a government shutdown, ending a war (trade war or otherwise), etc… We are at an inflection point in a downtrend. ”

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