I have a different bet.
1. Virus - no more deadly than the regular flu and even less deadly than a cold in most cases, wont hit the numbers they say, gets backstopped by the summer and social distancing, vaccine on tap for fall flu season.
2. Most stocks down 30%, raw commodities down 10%, fed puts in trillions in liquidity, central banks around the world do the same, 1pt rate cut and delayed demand.
3. I predict a rubber band snapping in about 2 quarters after the summer. You will see new highs in the market in about Sept 2020.
4. Inflation comes roaring back.
1. Virus - no more deadly than the regular flu and even less deadly than a cold in most cases, wont hit the numbers they say, gets backstopped by the summer and social distancing, vaccine on tap for fall flu season.
2. Most stocks down 30%, raw commodities down 10%, fed puts in trillions in liquidity, central banks around the world do the same, 1pt rate cut and delayed demand.
3. I predict a rubber band snapping in about 2 quarters after the summer. You will see new highs in the market in about Sept 2020.
4. Inflation comes roaring back.
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