Since 1928, reviewing the past 25 bear markets, there has been a lower price put in by the S&P 500 index 60% of the time.
“The Nasdaq in 2000 did a similar bear market bounce as stocks this year."
Shares of the top four US airlines dropped on Monday after Warren Buffett said Berkshire Hathaway offloaded its entire stake in the carriers.
"It could get ugly" if a second run of the virus leads to a renewal of shelter in place measures and shuts down businesses across the country.