The stock market isn’t going to matter to most people anymore, when we lose all the small businesses. I’m really concerned that this lockdown is a precursor to an authoritarian govt for our country. If it lasts another 30 days nothing can save small business in this country.
We won't lose them all, but we will lose most of them. This is starting to be a REAL problem. Have to open the country back up.
How can anyone make business plans to open, expand, release a product, etc?
Doesn’t matter if it is a restaurant, store, movie, festival (which entails space rental, performers/guests, food and merch vendors, ticketing...), computer or other product. Timing is everything snd the overloads don’t care about your product investment or schedule.
They control the horizontal and vertical.
Even barbers are out of work during this period. The old saying was, hair always grows; the implication being that people always need barbers.
Maybe the only thing that still comes to market with demand is fresh food. But getting the labor to harvest can still be a difficult thing.
they are linked, stock market and small business and jobs
stocks crash, cash dries up, spending shrink, real estate plummets, small business go under
Has anyone noticed that none of the governors have offered to suspend property taxes which would help small businesses and individuals-they need their $s for gov workers-all getting paid
Markets cease to matter when the government constantly bails them out. I hate to lose money as much as the next guy, but, as one fund manager put it, all you have to do now is buy what the Fed is buying.