I mostly talk in generalities so not really you, you, except the cavuto part (wink).
But yes I do understand. Anyone who’s been unemployed does. But who is unemployed? Not the lower class - they’re still constructing and landscaping and mini-marting and nursing home nursing and Walmarting and working for those delivery services and trucking companies, same as usual. Not the upper class of course. That leaves the middle class - about 1/3 of which who work for some form of govt and so have guaranteed salaries coming in. Another 1/4-1/3 can work from home - still drawing salaries. That leaves 1/3 of the middle class. Getting checks in order of income, lowest first. I don’t see any drastic emergency.
Yes, housing is stagnant - who wants buyers traipsing thru their open house right now? Consumer spending hasn’t let up if you ask the post office and UPS - and Amazon. Grocers might take a hit after people realize they have six months of beans still to eat. And I wouldn’t worry about housing prices - watch for some migration from former hot areas, but then you’ll have other buyers move into those areas thinking they have 100 years until the next pandemic. Florida will never lose its value - neither will California. Not with a return to the lowest unemployment in history. Economic uncertainty depends on how quickly our product/services buyers overseas bounces back. But once the virus is gone or we develop a weapon that neutralizes it, I.e., vaccine or prophylactic, it’s gone. And what else happens when it’s gone? The world will want made in America clean and fresh. Let the good times roll. In the meantime, like I said, skill-up, paint that bathroom, learn yukelele, but enjoy your paid staycation. It’s an opportunity of a lifetime to retool yourself so you can hit the ground running.
Doing it again.....