I never sugarcoat whatever I post: my sense of REALITY.
First off I disagree with your presumptions which we will find out: Is there A BOOM in Mtg Refinancing; if they are Are the standards the same for how mortgage lenders will operate in this NEW economic environment:
Those who are well positioned in their respective industries should do well and be hopefully able to refinance:
IMHO many may not qualify; ALL this is too recent!
The key question Outside of IT; HC and higher up’s in their respective industries there may well be a NEW Economic Reordering requiring a downsizing like everything that is hospitality/traveling related along with eating out etc.
Also do not forget that in the US: it’s small businesses that are the engines to the US economy and many may shut down.
Boeing froze all hiring and tapped out their ~$14 Bln in credit lines and asking the Federal Govt for $60 Bln Mucnchin says BA not entitled to a bailout!
An example: we will see how sustainable Hyatt’s 80% of it’s worldwide forces remain FURLOUGHED !
These are clearly UNPRECEDENTED WW developments and the underlying psychosis is to be ulra conservative given the breadth and depth of what is happening amongst most key developed economies
Listening to the top CEO’s of various industries IMHO will be the first harbinger of what is the New Economic world they are serving .
Market Data 
Markets 
AI
