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- Thread starter SoapyCy
- Start date
Yep, don't understand this at all, we are not going back to business as usual in the next 30 days. And Q2 earnings are going to be horrible.
What suggests it will get that low? I anticipate this will bounce back faster as a lot of the losses aren’t really losses but more pauses.
The thing to remember with standard numbers like the dow jones, it has some basic staple stocks like walmart and such that weather this due to the hoarders and such. I have some stock that is a third of where it started before this and some that has came back a good portion. There are still a lot of stocks half of what they were.
If the curve does flatten, at what point do politicians get pressured to open this thing back up?
This is a massive election year and politicians won't win many votes by keeping people unemployed
This is a massive election year and politicians won't win many votes by keeping people unemployed
It won't be a complete open up, but a gradual. The businesses that just got shut down....will be the first to open up. The first things to get shuttered (like schools and care centers) will be the last to be back up and going.
I think you will see the curve flatten and start dropping and then a timeframe of like two weeks out will be set.
Agree it should be slow. But political pressure I feel will be loud. I'm most worried about a big spike if we do open up and it ruins the summer
There will be something of a spike most likely IMO. we should be better prepared though.
There is a massive recession just starting? This is a shock right now, but we have 15% unemployment right now and Q2/Q3 earnings are going to be a bloodbath.
But is that at all because of some actual economic change. Assuming we get back to a more normal society in May jobs will recover. It’s going to be rough but the news is coming out that we are closer to the peak than the market thought. Do I expect the market to be back to it’s all time highs in the next month absolutely not but o think there is one smaller drop left and then it will be a slow path back as we start to restart the economy.
I still think it will be a while, at least mid may. If you go too early, it is just going to spike again. People are going to be gun shy about being around others for a long time.
Rational people, yes...
https://www.nbcmiami.com/news/local...m-south-florida-across-u-s-data-firm/2213356/
