I would see this as a bottom for the market, as COVID 19 will most likely come nowhere near Fauci’s hair in fire numbers, except:
1) Fauci and other public health officials seem to enjoy pulling the rug from out of under Trump’s feet by making wild demands like keeping the lockdown in place for 18 months, or sending police forces out to patrol neighbourhoods.
2)The media is determined to keep the population scared with no regard to any perspective, and seem to be very successful in their efforts.
The reality may be rosy, but right now the markets are vulnerable to perception. Very annoying because it makes the markets utterly unpredictable.
Sam:
We have been studying this virus for weeks and weeks, reading thousands of sources, and comparing notes and discussing all of them.
Conclusion: Nobody knows what the numbers will look like when this is over.
Nobody.
“The reality may be rosy, . . .”
You sound like a non-essential. Are you a non-essential?
Fauci is falling for the Chinese low-frequency propaganda game pushed by the WHO, I think. Propaganda that won’t fly in Africa or South America
All Chinese had masks to wear, but those poor (Americans, etc) are forced to wear rags on their faces. They are weaker than Chinese.
All Chinese controlled the virus in 2 months but (America, etc) is stupid and needs to lock down for 18 months and put quarantine police on the streets to beat anyone out
All Chinese are back to work and their grocery stores are full but (Americans, etc) are hiding in their homes with no food
All Chinese are tracked by phone so diseased (Americans, etc) should have to be tracked by Chinese 5G
All Chinese survived (American, etc) virus but now (American, etc) virus is killing more (Americans, etc) than Chinese because Chinese are strong
…
Until N95 masks are in the store, readily available to buy, and our medical people have all they need, I’m not wearing no rag on my face just to be a wechat spectacle for Chinese to laugh at. Fauci can bugger off.