I usually ignore Seeking Alpha since it generally appears to be a blog for randos to spout their half-baked opinions but I think that's worth a read. The bailo

I usually ignore Seeking Alpha since it generally appears to be a blog for randos to spout their half-baked opinions but I think that's worth a read. The bailouts seem to be removing some features, some better and some worse, of capitalism without giving any of the benefits of central planning. It will take decades to fully appreciate the effects I think. As much as I really want to be a pessimist, I've been starting to wonder if a better outcome is possible. I think it was an article in the recent issue of the Economist which suggested that the disruption due to COVID-19 may actually cause long-term productivity gains by forcing inefficient processes to die. I am cautiously optimistic that this may be the case. I'm not quite ready to enter the market yet. It is far too volatile and may see an overdue correction before or around the new year. I will probably get back in, albeit in a balanced fashion due to being 45, early next year. Yes, timing the market vs time in the market. I'm willing to take that chance.