Re: Head Scratching Valuations are a Plenty (BDC Stats 6/30/20)
I think someone warned already on this very board in Apr. May , June and now July that the future would have some bad news and with many stocks going lower and dividends cut or omitted....with BDCs a prime target.
Recent reports by companies have yet to show the full extents of business disappointments. Expectation would be soon to show up in the 3rd quarter and get worse in the 4th quarter.
Also not likely to see the touted V shape recovery for this sector. More likely some merger and buyout of the weaker stocks at bargain basement prices.
***PinewoodsBear***