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PTY - Don't Give Up Hope Relief May Come Sooner Than You Expect
Pimco Corporate & Income Opportunity Fund
The equity markets have been nothing but bloody. The S&P 500 index plunged last week, marking the worst week since the Lehman collapse of 2008. Nothing was spared, not even the bond markets. Retail investors are in panic. And I would like to highlight today why I remain optimistic.
Don’t give up Hope. Relief may come sooner than you expect
This past month the great bull market has reversed due to the spread of the Coronavirus, and we are currently in a severe bear market. This is a very unique situation because bear markets usually