(03-31-2020, 08:52 AM)Byron LeftTown Wrote:

(03-31-2020, 07:37 AM)StroudCrowd1 Wrote: Unless there is another pandemic worse than COVID-19 on the horizon,  no way.

Is there though? Please let me know right now.

The 2nd pandemic is the "economic collapse" pandemic, followed by the "empty shelves" pandemic, then the "9 meals from anarchy" pandemic, then the "3 weeks from cannibalism" pandemic.

So yeah, the Dow could go lower.

I'm surprised people don't see the possibility.   A lot of people seem to think everything is just going to snap back to normal in a couple of months.  That's impossible.  Thousands upon thousands of small businesses are going to be wiped out, and lots of people will be unemployed for a long period of time, no matter what happens from here.  Meanwhile, we are going to be left with 6 or more TRILLIONS of additional dollars in US government debt, and trillions of additional dollars in private debt.  People will max out their credit cards to put the next meal on the table.   Do people actually think this pandemic is going to be without cost beyond the lives lost???  There will be HUGE costs, and I don't think the stock market reflects that.  Yet.

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