The stock market seems to have settled for this brief time at around 30% down.
Who thinks it’ll go up or down from here and why?
Will there be a recession? If there is, will it be severe?[/quote]
I’ve been thinking about this. All total, I had about 30% of my money on the sideline. When is the right time to move some of it in?
I’m not sure if what the govt is doing will influence it much. I think what will have more of an effect is (1) if groceries remain available, (2) the number of deaths, (3) the rate of death escalation, and (4) whether Italy deaths peak and start receding.
If any one of those goes terribly wrong, watch out!
There will be a recession…it could be quick and brief, or it could kill the rest of the year. I don’t think it will be clear which one until about May.
