SP500 0.58% 2,958.8 standard & poor's 500

BBUS, page-1401

  1. 34,339 Posts.
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    Trump said to reopen over Easter... he keeps feeding market unrealistic expectation.

    America currently has 674k confirmed cases over 3.4m tests, positive testing rate is 20%.
    New York, positive testing rate is 41%
    New Jersey, positive testing rate is 49%.

    The problem is Covid-19 is fast spreading all around the world, no way it will go away in a few months.
    The damages to global economy will be massive.
    WHO, Bill Gate, many others suggest a vaccine will take at least 12 to 18 months.
    GFC took around 17 months to hit the bottom.
 
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