BBUS, page-1403

Trump totally delusional thinking that they can safely open up the economy with the growing cases that's occurring in the US right now.

They way I see it:

1. Economy opens up in May across a number of States in the US and the virus quickly spreads throughout those states causing for further prolonged shutdowns and mass cases of infections and unfortunately deaths; or

2. The governors don't listen to Trump and remain shutdown until their is a clear and not rushed strategy to open up. States remain shutdown for at least another 3 months but in all reality that becomes a lot longer.

The sad and unfortunate thing is that everything that has been said by the POTUS is likely to be so far incorrect. Understand that leaders need to show citizens that everything is under control with confidence but you can't do it at the risk of lives.

Markets imo have valued a sharp rebound in the economy due to the reopening. Unemployment to hit 20%+ and that will be just the beginning.

This hold was always going to be a long term hold.