V-Shaped Recovery Feasible Despite Stock Decline

FS Insight Team

"Life sounds good on people.” – Alison Krauss

Good evening, 

Last week's rally extended into the early part of this week before sputtering out midweek, dragged by auto tariffs and a slide in consumer confidence. The declines accelerated Friday after the release of weakened consumer sentiment data. Though this week ultimately ended with the S&P 500 down 1.56%, Fundstrat Head of Research Tom Lee believes that equities bottomed on March 13. To be sure, there appears to be some d...

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