Wrong. Texas reopening already, AZ probably to follow, soon almost all states except NY, NJ, MD and CA will be open.
By July this will be a distant memory, the market will be back to about 26,000 or 27,000 and the most incredible boom in history will have started.
Mark. It. Down.
Unfortunately many of us small businesses will not survive. I think that will make the left happy. Small business is part of the freedom they dispise. It’s easier to quid pro quo big corporations.
you’re entirely incorrect. No urban centers in Texas are opening any time soon. I live in one here, I know. I have a very direct line to public health officials here, believe some guy on the internet or not, IDGAF.
Professionally I work in the private capital markets and nothing will have blown over by July. If everything reopened TMRW it would take at least a year for the capital markets to unravel what happened in March. You have no clue what just happened to these large institutions that provide equity capital to our nation’s businesses.
I agree we eventually will bounce back after this... but if you think it’s business as usual by July then you’re in for a very, very rude awakening. The DJIA isn’t the economy.
Good post.