I love how some market-watchers suddenly retreat into abstract economic pronouncements in the face of meltdowns. There was a fair bit of this in 2008 and 1989,

I love how some market-watchers suddenly retreat into abstract economic pronouncements in the face of meltdowns. There was a fair bit of this in 2008 and 1989, too. Nobody is lost or vanishing due to Covid-19, it's just a change in their respiratory rate.