“Jim Cramer predicts ‘U’ shape recovery, says economy ‘will bounce back gradually’”
April 8, 2020
“CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip…
A V-shaped recovery happens when a quick decline in economic activity is met by an abrupt rebound in activity, while a U-shaped recovery is one where the economy gradually climbs out of a recession environment, which can take up to two years…”
This information is good for those who not only stayed in the market but did well. Basically this is advice for advanced investors.
For those who left the market I think it’s a good time to get back in; even if it’s temporary. No risk, no reward. This is just a gut feeling on my end but if you’re not in the market get in now. Monitor your stock and sell if you see to much turbulence.