Recessions just 3 three years from the last one were pretty common before 1982. Since 1982, recessions have happened much less often.
rona hysteria and the decisions made by politicians who are not directly impacted by the foolishness they have imposed on the small business owners. have greatly widened the gap between the rich and poor to the point even upper middle class are now poor. it's big corps and politicians who have made out and there is going to be a payback. i am strait up short selling every blip up.
I can't agree with you. First, 50% of the population won't take any vaccine. Second large parts of the economy (airline travel, movie theaters, restaurants, sporting arenas) will take years to get back to their pre-pandemic levels.
Not to mention there was 0 success developing a vaccine for SARS / MERS (Coronavirus family). If you think a vaccine is coming soon then I've got a bridge to sell you. False hope doesn't breed solution. Best case a temporary treatment is developed to blunt the damage of the virus.
What do you mean by recession? Two quarters of negative growth? I assume you are interested in particular implications of these event, not the event itself. We will likely to see doubled digit decline in US GDP for the second quarter and yet SPX is shy of historical highs. So which particular feature of recession do you want to discuss?