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Sorry to single you out, but the fact that people still don't understand that a 1 month+ long lockdown is a certainty means we are nowhere near the bottom. By A
by underbluewaters 7y ago
Sorry to single you out, but the fact that people still don't understand that a 1 month+ long lockdown is a certainty means we are nowhere near the bottom. By April the US is going to look a lot like where Italy is at now.
- legitster 7y agoI think it's realistic that we could see some sort of easing within a month - like maybe restaurants and bars can reopen if they meet some stringent requirements. But would agree that it will be a long time before things return to "normal".
- lgats 7y agoWith the extreme measures taken in China, bars are still not open (in Shanghai where there are 300 reported cases).
- rupert1234 7y agoSorry to single you out, but the stock market usually trades in anticipation of recessions. It's not a proxy for the current GDP, it's an expectations market. The stock market could start a slow rise tomorrow and go until the end of the year and the entire year could be in a recession.
- engineeringwoke 7y agoAs a European it seems like the US markets are a step behind and seemed to trade pretty optimistically last week and especially the week before even though the situation was bad in Italy, for example.
- rupert1234 7y ago? They were way off last week. If that is your definition of optimistic, I don't want to see pessimistic.