I don't know about you but I've noticed the media coverage on COVID19 doesn't have the same impact anymore.. I haven't seen much coverage on the impact of COVID in Brazil which I believe is really badly hit, because everyone's seen it in Italy etc..
People are just.... Meh about it now. Meh enough about it that they're more than happy to gather in massive crowds, when 1 month before, they would have been at home or in masks 2 metres apart
This is manifesting itself on the share market now.
The virus itself was never going to be the actual problem, it was the response of fear of the virus that has actually done all the economic damage.
Thu, 4 Jun -- Markets on Steroids, page-102
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