Consolidation happens fast
Comment of the Day

June 16 2020

Commentary by Eoin Treacy

Consolidation happens fast

Thanks to a subscriber for this report by Tony Dwyer for Canaccord which may be of interest. Here is a section:

Eoin Treacy's view

A link to the full report is posted in the Subscriber''s Area.

There is no question that the pace of market action has picked up. We had the quickest drop from an all-time high in history and one of the swiftest rebounds in history. On top of that, the Federal Reserve has morphed from being reactive to proactive. In so doing its actions are pre-empting weak economic figures which has helped to support asset prices.

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