Well, the final Monday of March may not be a blood bath, but the futures market does indicate equities will record another day of red ink.
Here is where the pre-market trading is at as of this writing:
There really is not any sign of positive news over the coming days. Deaths and infections from the coronavirus keep climbing, the unemployment rate and the initial jobless claims will be published, and Saudi Arabia is set to unleash a tsunami of cheap oil in global markets.
That said, the financial markets have performed so odd that anything could happen. There could be a million deaths tomorrow and the markets would skyrocket, but there could be a COVID-19 vaccine announced and stocks would crash.
Who knows what the heck is going on anymore?
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