Seeing financial media report the market up sharply this morning, on hope for big Pharma progress in the fight against Covid-19, had me thinking of the great song above by Bruce Springsteen and the E Street Band.
Reports such as that trigger my contrarian senses.
The character of the behavior of market price movement actually has us quite skeptical. Don’t be surprised to see stocks move south.
Stay smart and stay safe.
As Bruce sings, “Tomorrow there’ll be sunshine and all this darkness past.”