Tybear
|
22-3-2020 13:00 |
Italy: cases continue to increase as does deaths and driving lockdowns across EU, unemployment and business activity will continue to drop.
US: very late lockdown and press is having a field day with shortages hospital resources and POTUS can’t bully and position lies to defeat a virus like he can opponents, corporations or other political narratives. Only four states moved to lockdown when the whole country should be shut down, unemployment will skyrocket so things will continue to get worse. NYC and SF Bay will be like Italy in four weeks
The economy isn’t even close to hitting bottom, figure easily another 20-30% (SP500 say 1600-1800) before the value matches the fear and then time to get greedy  
[ Last edited by Tybear at 22-3-2020 13:02 ] | |
| austin821 |
23-3-2020 05:15 |
Acceptance +5 |
Cheers mate |
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