“No matter how good it is, if we are still in heavy pandemic at the time when the TLD is released, at that point the world economy will be collapsing and/or the markets are not done crashing. In that case, even excellent data might not be good enough to let us hold on to pps gains we get from the TLD announcement.”
Could happen. If l am not mistaken it was the REACTION to the stock market ‘crash’, and not the correction (about 5-6%) that actually caused the crash in the 1920’s.... same thing with Coronovirus, about 3% fatalities, mostly for people over 70, but a lot of panic in the USA...