The stock market bounced back today from yesterday's massive coronavirus sell-off by skleb1234
that the coronavirus sell-off will be a great opportunity for long-term investors, just like in the 1987 Black Monday market crash. “Amid all the gloom, a key difference from 2008-09 is that the financial system – the lifeblood of the economy – is still relatively healthy,” says Lewis Alexander, chief U.S. economist at Nomura.
during Thursday’s market sell-off. Warren Buffett’s Berkshire Hathaway and Jack Ma’s Alibaba both lost around $40 billion in market value.“Stocks are rebounding in the U.S. and Europe after the absolute bloodbath session on Thursday,” according to Vital Knowledge founder Adam Crisafulli. “This doesn’t feel like anything more than an oversold bounce, although there were a bunch of response measures unveiled in the last 12 hours that are helping to stabilize sentiment.
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