Again, going on a college rant when elementary knowledge of microorganisms and algebra is all that's needed in a pandemic. Basically, k-12
You ignorance amuses me. You must be one of those hills have eyes types. Alls ya need is some basic knahledge of microorganisms.
I accept your loss in this debate. "Hey guise, you need a PHD in microbiology to understand why we need to sit our asses down at home."
The US stock market could do anything the next few weeks. However, it is clear the majority of investors and companies believe the virus is a transitory problem and they are taking positions based on a recovery. The level of certainty that some traders have in various doomsday theories is almost a mirror image to what early 2009 thinking was in many quarters. I don't remember a depression in 2010 or 2011. I don't think stocking canned goods was ever a smart decision at any point. What I do remember is buying stocks anytime in 2009 was basically free money for anyone with a 2-3 year time horizon. I have no idea what the bottom will be in US indexes, but I believe the TSX hit a long term bottom last Monday close.
But buying stocks in 2008 not so much. That's the question, is it 2009 yet? Hindsight is always 20/20.
Maybe Iran and the like, in the case of Europe I don't think it's by design, but rather circumstantial. My point not that there's any conspiracy of silence, but rather that we're still a bit in the dark due to lack of scaled up testing.
That bottom on Monday "felt" a lot like NQ's call back at end of May/beginning of June last year. The only sticking point on this will be the awful data and earnings that will be filtering through the system until the end of calendar Q2 of this year. That's a long time for bad shit to come, as opposed to the May drop, which was just about tariffs.