Should US open economy sooner in May or wait more.

[1957may10]

If a second wave comes and an extended lock down takes place here in the US into the summer months this market is going to drop well below March 23 lows, probably end up dropping a solid 30-40%!!!
The disconnect between the economy and equities is insane!!!

We will see how European will react now. We have 2-3 weeks advantage to look and analyze.
If we make mistake the outcome will be much worse 3/23, more then 50% down from top.Hard to predict, they should make weighted decision and move on.

 

[S2007S]

We will see how European will react now. We have 2-3 weeks advantage to look and analyze.
If we make mistake the outcome will be much worse 3/23, more then 50% down from top.Hard to predict, they should make weighted decision and move on.

I would like to say a gigantic 50% drop but we all know the fed would jump in and do another 8-10 trillion dollar stimulus package to backstop any further collapse. So I would lean on a 30-40% collapse. Easily drop below March 23rd lows in only days.

 

[1957may10]

In my opinion, if we open state by state, step by step, slowly but surely, we should move on.
Price is paid of, I can not imagine, what else we could do to make it even to point with no return. I’m more likely optimistic person, in that case I have very pessimistic view.

 

[S2007S]

Chamath Palihapitiya says the market is ‘entirely divorced’ from economy and defends call to ban buybacks
PUBLISHED WED, APR 22 20202:29 PM EDT


https://www.cnbc.com/2020/04/22/cha...economy-and-defends-call-to-ban-buybacks.html

 

[noddyboy]

If a second wave comes and an extended lock down takes place here in the US into the summer months this market is going to drop well below March 23 lows, probably end up dropping a solid 30-40%!!!
The disconnect between the economy and equities is insane!!!

We should open where we can, work through the summer and shut down in winter. That would be optimal. If we shut down now, and run out of food, we are really stuck when the winter makes the virus harder to control.

 

[1957may10]

Chamath Palihapitiya says the market is ‘entirely divorced’ from economy and defends call to ban buybacks
PUBLISHED WED, APR 22 20202:29 PM EDT


https://www.cnbc.com/2020/04/22/cha...economy-and-defends-call-to-ban-buybacks.html

The irony is if you shut down the economy then you need shut down the market. Fantasy.

 

[1957may10]

We should open where we can, work through the summer and shut down in winter. That would be optimal. If we shut down now, and run out of food, we are really stuck when the winter makes the virus harder to control.

I think we have time and should find out how do not shut down since now. Even if vaccine and treatment will not exist. We have time.

 

[murray t turtle]

Think of it this way...... Hydroxycholoquine was FDA approved in 1965. Over 5.5 million scrips written for it a year in USA ALONE. For lupus, malaria and something else. Its a common ass drug. On the WHO essential list of medicines. Its like the 128th most prescribed drug in America.

Yet its suddenly dangerous dangerous dangerous as soon as its shows effectiveness against COVID19. ITs all a scam.

If Hydroxycholoquine were so dangerous we would have known about it 50 years ago, by 1970. Its safe ……….

Big Pharma dont want generics and Democrats want a collapse. They want bodies in the street to collapse the economy and push Trump out of office.

%%
So looks like TX, TN, GA + other states that never closed== are right to open up/stay up...……………………………………………………………………………………………………………………………….

 

[yordan]

The Government and big businesses are just scared. The pressure is mounting. There is also the China agenda. Every action has its consequences. Is the Government and the economic controllers ready to sacrifice more life to save the falling economy? If yes, it might back fire after a short while.

 

[1957may10]

H

%%
So looks like TX, TN, GA + other states that never closed== are right to open up/stay up...……………………………………………………………………………………………………………………………….

Hope, more and more states will be safe open, we need move on.