Biggest surge in the Dow since 1933 probably doesn’t mark the bottom of this bear market

Stocks are showing some signs of finding a bottom and markets are looking better with some improvements in credit and buying interest in stocks.
The market has been lifted by the promise of a big stimulus program from Washington and a huge blast of monetary stimulus from the Federal Reserve.
Strategists warn it could be a temporary bottom, and there will be no real bottom until it is clear new coronavirus cases in the U.S. have peaked.

Our View

We have been saying that the world is heading towards a recession since 2015, as the symptoms the caused the last financial crash back in 2008 have never really gone away, and we could see a lot of sticky plasters that were used to prop up housing markets as short-term solutions as opposed to properly addressing the source of the issues to prevent it from happening in the future.