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SMLL - S&P 500 Up Close: Ignore The Curves And Follow The Seniors!
Direxion Daily Small Cap Bull 2X Shares
There has been a lot of talk - and even more confusion! - about the direction the alleged post-coronavirus recovery will take in the US, once businesses reopen and millions of Americans go back to work. As always, there are tendencies to oversimplify the world around us by invoking hypothetical curves.
For instance, much of the discussion currently focuses on the so-called V-curve, which implies that whatever comes down sharply must also rebound equally as sharply, with the net loss close to zero. The V-curve is the envy of any downturn, particularly the current one,