Stocks will bottom before US coronavirus cases peak, top strategist Art Hogan predicts (via TradingNation)
is breathtaking," said Hogan, adding it's worse than what he saw during the 2008 financial crisis."We need to feel that ultimate panic that everyone who wants to see has sold," said Hogan. "We are not quite there yet, but we're getting darn close.""We know you have to hurt the economy to stop the virus.
His number one strategy to cope with the virus' fallout is to aggressively rebalance client portfolios. "That's important, I think that's cathartic and I think it's necessary," Hogan said. "Typically, we rebalance once a quarter. Now, we're getting people to do this once a month because things are moving so rapidly.
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