4 ms·

No one knows. You have the entire world working (mostly together) on ending this. I'm optimistic things will get much better in a month or so.

noads 7y ago
What? We just had our national day of prayer, that seems to be the main response. How on earth can you be optimistic in the face of all available evidence? What are you basing this month timeframe on, did you just completely invent that number out of thin air?
jghn 7y ago
If one assumes that the market was a powder keg waiting for a spark to explode, it doesn’t matter when the virus part of the equation clears up
- bryanrasmussen 7y ago
  I'm hoping for post-pandemic exuberance to lead us out of the economic problems.
  - rootusrootus 7y ago
    If we hit pre-virus peak any time in 2020, I'm selling it all and buying gold. * * I kid, I kid. Mostly...
deleted 7y ago
[deleted]
edgefield0 7y ago
Maybe in a year or two. In a month or so, covid will still be ramping up in various parts of the world.
fuckknows 7y ago
This is going to take much longer than that to play out.
icedchai 7y ago
A month seems a bit optimistic. Even Trump himself was saying July or August. Note, he didn't specify the year.
jug 7y ago
I expect far WORSE in a month or so which is the scary part here because it is questionable how many companies will survive this long period of salaries with zero demand even with emergency aid packages. By next month the infection rate is calculated to barely having plateaued yet, with exponential rate until then. I worry this will go so far that it’ll take a very long time for worldwide business to heal due to layoffs and wrecked personal finances killing demand even when we’re past the corona spike, and by then weapons like Fed’s lowered rates will have already been used. I wouldn’t be surprised if we’re leaving this year with a -50% stock market value and 5-10 years for everything to get back to speed and valuation like it were. It’s not even uncommon advice to not be heavily into the stock market if you have less than a >7 year savings horizon for these reasons.
Traster 7y ago
Could you define 'much better'? Because we actually do know what the incubation period of this disease is, and we know how the virus has spread. It's a practical certainty that the spread of Covid is goingto gte worse, not better over the next month and that the mitigation strategies are going to completely tank some companies over that time.
- tinyhouse 7y ago
  I cannot define it because I don't know. I'm hopeful that there will be much more testing done which would shed light on many things. We also have a couple of countries with more positive news about the virus spread and in some places the number of deaths is still zero despite having thousands of cases.
tomp 7y ago
If there's anything I learned about this virus is that my pessimistic predictions were way too optimistic.

noads 7y ago

What? We just had our national day of prayer, that seems to be the main response. How on earth can you be optimistic in the face of all available evidence? What are you basing this month timeframe on, did you just completely invent that number out of thin air?

jghn 7y ago

If one assumes that the market was a powder keg waiting for a spark to explode, it doesn’t matter when the virus part of the equation clears up

bryanrasmussen 7y ago
I'm hoping for post-pandemic exuberance to lead us out of the economic problems.
- rootusrootus 7y ago
  If we hit pre-virus peak any time in 2020, I'm selling it all and buying gold. * * I kid, I kid. Mostly...

deleted 7y ago

[deleted]

edgefield0 7y ago

Maybe in a year or two. In a month or so, covid will still be ramping up in various parts of the world.

fuckknows 7y ago

This is going to take much longer than that to play out.

icedchai 7y ago

A month seems a bit optimistic. Even Trump himself was saying July or August. Note, he didn't specify the year.

jug 7y ago

I expect far WORSE in a month or so which is the scary part here because it is questionable how many companies will survive this long period of salaries with zero demand even with emergency aid packages. By next month the infection rate is calculated to barely having plateaued yet, with exponential rate until then. I worry this will go so far that it’ll take a very long time for worldwide business to heal due to layoffs and wrecked personal finances killing demand even when we’re past the corona spike, and by then weapons like Fed’s lowered rates will have already been used. I wouldn’t be surprised if we’re leaving this year with a -50% stock market value and 5-10 years for everything to get back to speed and valuation like it were. It’s not even uncommon advice to not be heavily into the stock market if you have less than a >7 year savings horizon for these reasons.

Traster 7y ago

Could you define 'much better'? Because we actually do know what the incubation period of this disease is, and we know how the virus has spread. It's a practical certainty that the spread of Covid is goingto gte worse, not better over the next month and that the mitigation strategies are going to completely tank some companies over that time.

tinyhouse 7y ago
I cannot define it because I don't know. I'm hopeful that there will be much more testing done which would shed light on many things. We also have a couple of countries with more positive news about the virus spread and in some places the number of deaths is still zero despite having thousands of cases.

tomp 7y ago

If there's anything I learned about this virus is that my pessimistic predictions were way too optimistic.