1800 will just be the start. This is worse and will have a...

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02/04/20

12:59

Post #: 43839858
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Originally posted by Big_Fella: ↑

They make it so they can keep printing it, But that, of course, creates other issues. Pick your poison. To every action there is an equal and opposite reaction. At the end of the day nothing changes the fact that economies all around the world are severely damaged. The USA will be hit even worse (in my view) because culturally they don’t like government driven controls (it’s why they defend the 2nd amendment relentlessly). The softly-softly approach has led to an inertia around shutdowns that only now they are getting more serious about. This virus distributes easily and shutdowns are the only defense, the Americans will continue to have a disjointed/haphazard approach to that and as such prolong their own pain.

The market is currently priced to suggest that its a ‘V” rebound. I think the market has made a mistake about that in the short term, and will correctly work out that the rebound is not a “V” in the coming months. When that happens, the S&P will go below 1800. IMHO. DYOR.

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1800 will just be the start. This is worse and will have a larger economic impact than the GFC, dot com bubble combined.
Everyday and every moment that passes is another delay and missed opportunity to get on top of things.

Make America Great Again might have to be the slogan for the next president hopeful.
Keep safe and stay healthy.

Value at posting: 2,958.8
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0 Great analysis

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