"Similar questionable “fundamentals” that those dot-com companies used to inflate their share prices have us potentially headed right into an even worse recession than originally thought."
"Doing “what works” in the short term often times conflicts with doing what is best for the most people over the long term."
On 9 March 2020, the Dow set a record by falling 2013 points. On 12 March, it beat this record with a 2352-point fall. Then, on Monday, it went into freefall, plummeting by 2997 points, or 12.93% on the day.
"Are we at the bottom yet? Probably not, if history is any guide."
"As a pure play stock in the video conferencing category, Zoom is uniquely positioned as companies shift to more remote work."
"All major U.S. banking stocks fell by double-digit percentages during Monday’s session."
Certain sectors saw almost ubiquitously positive or negative returns.