we should buy BBOZ, page-34

Yes, currently the psychology is different to the GFC. Fear of the known (covid-19 and quantifiable fallout) is less the fear of the unknown (GFC)? Plus the Fed/PPT and other govts and central banks simply won’t let another GFC market meltdown happen, especially in the US where Trump will ensure his re-election by propping up the markets beyond any precedent. Precedents mean nothing to him.