Wild Stock Market Has a Bottom. That’s When the Panic Really Begins

By Ben Brown

  • The stock market is facing an “important test” according to Fidelity strategists.
  • The S&P needs to hold 2,500 or stocks will careen back to the March 23 low, or even further.
  • Morgan Stanley is confident we won’t go below that level and is aggressively buying the dips.

We’ve just witnessed the fastest crash in the US stock market history. Followed by one of the sharpest spikes back into bull market territory. So what happens next?

No-one knows for sure. JP Morgan thinks we go back to all-time highs this year. While some doomsday analysts are calling for another 70% drop.

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