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>Market is pricing in a V-shaped recovery which isn’t out of the question if we can open up in May. Market was due for a fall, this was just what kicked it int
by soperj 7y ago
>Market is pricing in a V-shaped recovery which isn’t out of the question if we can open up in May.
Market was due for a fall, this was just what kicked it into gear. I doubt it'll be V shaped. I also doubt that you'll be opened back up in May. I don't see Italy opening up any time soon, and New State alone looks like it'll be worse than Italy.
- SpicyLemonZest 7y agoI'm not sure what you mean by "alone" here. New York is by far the worst hit area of the US; many states are doing no worse than Denmark or Austria, which are going to start opening up next week.
- soperj 7y agoDenmark completely shut its borders. Austria has made everyone wear masks, and have been shutdown for a long time. US states like Mississippi are still arguing that everyone should be essential. There are at 11 states with double the number of confirmed cases as Denmark, and I don't see any of them actually slowing down currently. They're all experiencing 4 times more daily cases than Denmark.