Comments from Kudlow: Says he believes country is ready to get back to work Trump is 'moving to some very important announcements in the next day or two' about reopneing economy Admin wants to get people back to work but it has to be safe
Comments from the Governors: - You are not our King. - You didn't do the lock down, you won't do the reopening. - It will be a partial and continuous reopening, not an all at once thingy.
Yet, he does believe he has "total authority" to manage everything including the almighty liberties of Americans ??? wrbtrader
Wow. So back to work, that was quick. 17 million unemployed right back to work....can't have that GDP drop any further, gotta bring the economy back because thats how the rich get richer... When they open the economy, iffff there is a resurgence of cases and they have to lock down the economy again forget. Stocks will need another $15 trillion dollar freeeeee bailout. That might keep most longs up at night !!!
If you take out NY, only 14,000 people have died in the US. I am shocked at the over reaction that most states have had with this virus. Also, here’s a very interesting statistical analysis the correlation between shutdown responses and death rates.
If they re-open the economy, and then are forced to close it again, the stock selling this time around will make what happened in March look minor in comparison....closing the economy again will crush the morale of the country.