Yo Gotta, Remember my response to your post " you've seen dot com crash and GFC, IMHO, this is bigger than the GFC, more global than the GFC and is going to be less predictable than the GFC ........." I assume you did not liked my blunt message in response to your post! Look at the latest job loss numbers in USA (compare this to the job loss in the last recession triggered by GFC) - mind blowing 6.6 million people filed for unemployment benefits last week. This is Michelle Meyer, chief U.S. economist for Bank of America Merrill Lynch comment " What usually takes months or quarters to happen in a recession is happening in a matter of weeks" So you still believe that there will be a quick recovery (similar to post GFC at least what we saw in Australia) and O&G industry will be back in business as soon as the pandemic is over? I wish you (& Adrian) all the best.
CVN Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
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