‘2020 Lows Are in, Repeat of The Great Depression Seems Unlikely’: Fidelity’s Timmer
“I am sticking with my thesis that the lows are in, but that the market is not a layup from here. While a repeat of the Great Depression seems unlikely, it is good to at least be aware that the strength of the rally so far does not guarantee a continued bullish outcome,” said Jurrien Timmer, director of global macro in Fidelity’s Global Asset Allocation Division.