The Market Appears to Be Following the 2009 Recovery Pathway: The March 2009 recovery appears to be a template that markets are following. The 2020 rally bears similarities to 2009 in terms of a deep financial crisis and a massive stimulus response. Retail Speculators are the New Market Kings: With almost 4 million new accounts created this year, and new money being deployed into the markets, the retail buyer has become large enough to drive incremental price action.
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