Thursday, March 19, 2020 11:06:00 AM
In terms of the China financial market, China will be a lighthouse example of what a rebound might look like.
The rest of the world is just gettin" started and just getting hit....some countries getting hit very hard by this far reaching virus.
The US is just gettin" ramped up...testing has yet to hit full stride. Without strict protective measures and people being extremely proactive to protect themselves and others against infection, the US healthcare system might get overwhelmed. The market further hammered.
Note that a lot of young people still gather in groups and party like its 1999. If that triggers the likes of what's happening in Italy with the growing number of infections and deaths, the grim reaper is sure to have his tote bag filled to the brim with both young and old right here in the good 'ol USA.
But after this virus has run its course there will be a rebound, a tremendous rebound at that, imo.
This, on the other hand?
The road is long. Perhaps too long.
We are on our own. Be smart. Be safe. Know that when you are around strangers in close proximity, you're rollin' the dice.
Jmho
Factories are still being shutdown.
After this virus runs its course, there's gonna be a huge rebound.
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