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All estimates of third quarter 2020 financial and operational results are ahead-wanting statements based mostly on actual outcomes for July and August and forecasts for September. In addition to the foregoing, precise outcomes for the interval might range from the estimates supplied on account of extra information collected subsequent to this release. Unless legally required, ConocoPhillips expressly disclaims any obligation to update any ahead-wanting statements, whether on account of new data, future events or otherwise.
Historically, stocks rebound much higher than their value levels just earlier than a bear market. This was the case in 1987, 1990, 2001, and in 2008 (just after the Great Recession started) after extreme market collapses in those years. By contributing frequently to your 401k plan, your IRA plan and your stock and mutual fund investments, you are “buying at the dip,” as Wall Street traders wish to say.
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A bear market evolves, often after a stock market crash, when buyers grow pessimistic about the inventory market, and as share costs fall as supply begins to outpace demand. Economists often check with a bear market as the result of the stock market dropping 20{265008cc4ecd59cf6d90bb1fba52c7fbc6d4587d5a207c877b430af3ea86fabe} of …
