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This seems to me to capture sentiment in large parts of the market.
I have read multiple articles (here and here are examples) over the last week suggesting now is the time to be buying quality companies with strong balance sheets. These articles are not gung-ho bullish, but are generally suggesting that if you do anything, it should be to buy rather than sell.
The time for this will come, but is not yet here.
The Covid-19 pandemic is in its exponential phase in most western economies, and there is much speculation that because