As Markets Fall, Ask Yourself if Now Is the Time to Buy-An Pham Investment
- Pham Family Magazine
- Feb 29, 2020
- 1 min read
Investors finally capitulated on Friday, starting by dumping everything before a partial recovery, in what might mark at least a short-term end to the steep selloff that began last week.In the bizarro world of Friday’s coronavirus fears, the price of safe-haven gold fell, and cruise line stocks rose, even as the overall market continued its astounding selloff. Both are signs of a rush to liquidate holdings, closing out what had been profitable trades such as owning gold or betting against cruise stocks.
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