‘What’d You Miss?’ Full Show (07/15/2020) By Caroline Hyde, Romaine Bostick & Taylor Riggs For more information go to www.bloomberg.com. Stocks mentioned: AXP, BAC, JPM, WFC The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice.
Everyone who owned common stocks in the U.S. went through hell in the first quarter of this year. The 36% decline in the S&P 500 Index in February and March was the fastest 36% decline of my lifetime. This hell was especially damaging to those of us who have a positive view of the U.S. economy over the next ten years.
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