Have we seen the bottom of the stock market?

Malthusian

Albermarle said:

Another issue is that governments will have to try and improve their finances, after the hole this has blown into them.
Higher taxes /austerity normally suppresses long term growth . So after markets settle , the conditions would not be great for a sustained bull market ( in theory )

2009 to 2020 was the second longest bull market in history and was soundtracked by never-ending moaning about austerity, mostly from people stressed about having more money than they knew what to do with and how to pay the bills for luxuries that didn't exist ten years prior.

Coronavirus is blowing a hole in the other side of government budgets as well, the side marked "Pension budget" and "Social care". I realise it's still taboo to talk about this but here we are. That is why people are still willing to be paid in GBP and dollars rather than flour.

NorthernJoe

Market seems to have priced in a pretty short term hit & rapid recovery. That is probably the best case scenario from an economic point of view. 

Most major markets are where they were in Q3 2017. Is the long-term global forecast the same as it was then? - That's the question you're asking 

Personal perspective, a resounding "No".

I sold up in February, still sitting cash heavy.