Snapping the economy out of shutdown mode could be harder than expected.
The market may have discounted those jitters, understanding that people often undergo seismic shifts in sentiment over short periods of time. , confirming that Americans are still very wary of interacting with each other. not surprisingly, investors may be confused by those mixed signals. Astounded and depressed by these survey results, I considered that the market, in its infinite wisdom, might recognize the impact two months of social isolation could have on how the shell-shocked public would respond to questions about its next steps outside the house. The concept ofexplains that we are deeply affected by our most recent experiences, and our pandemic experience has been nothing short of life-altering.
One misunderstanding here the world did not end it simply paused. Yes there will be pain and changes but those will be reflected in the new reality. If restaurants only half the seating it will either be more to eat or rent could fall. Same for planes but it life will go on
And they will once they realize the govt totally overestimated risks of covid and were wrong as always.
In other words - common sense isn’t that common.
I'm sure the Fed printing a few trillion dollars has nothing to do with it.
Op-ed: The Federal Reserve can corrupt a free market
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Source: BusinessInsider - 🏆 729. / 51 Read more »