03-13-2020, 07:21 PM
A bit ago NASA showed a picture showing China’s reduction in pollution. The NBA and March Madness have shut down. The airlines are cutting capacity reflecting other reductions. Too much money is being lost to believe the virus itself is not real. Too many people would have to be in on the conspiracy for the conspiracy to work.
That does not mean the Wall Street egg heads won’t try to find a way to profit. Thing is, it is mostly a bear market and real factors causing a downturn. It is hard to make a lot of profit when the environment is going suddenly heavily bear. For some companies that are going to be shut down such as airlines and sports related businesses, it seems smart to get out early. But that is a way to save on something going down, rather than to profit. The money is to be made later, when we hit bottom, when you might guess where the bottom is and which companies have a chance to recover and grow. Sell when prices are high, and buy when they hit bottom.
The company that makes Lysol and other medical related things are going to go up, but you would have to scrounge a bit and jump fast to get in on such options. In short, I do not see the economic factors big in advocating a bear market. It is hard to see much short term gain. Patience, Grasshopper.
The virus and its response are definitely a catalyst and may be this crisis’s trigger. I do not anticipate that it will be primarily an economic crisis, but more in terms of having to accept scientific fact and let go of the lie based reality the reds have been living on. Other catalysts have put us on the edge. This one may push us over it. Basically, the conservatives have lived for a while on lies, and we are being put in a place where we can’t afford them anymore. This isn’t the whole show, but it may be enough to get us somewhere where other issues go too.
That does not mean the Wall Street egg heads won’t try to find a way to profit. Thing is, it is mostly a bear market and real factors causing a downturn. It is hard to make a lot of profit when the environment is going suddenly heavily bear. For some companies that are going to be shut down such as airlines and sports related businesses, it seems smart to get out early. But that is a way to save on something going down, rather than to profit. The money is to be made later, when we hit bottom, when you might guess where the bottom is and which companies have a chance to recover and grow. Sell when prices are high, and buy when they hit bottom.
The company that makes Lysol and other medical related things are going to go up, but you would have to scrounge a bit and jump fast to get in on such options. In short, I do not see the economic factors big in advocating a bear market. It is hard to see much short term gain. Patience, Grasshopper.
The virus and its response are definitely a catalyst and may be this crisis’s trigger. I do not anticipate that it will be primarily an economic crisis, but more in terms of having to accept scientific fact and let go of the lie based reality the reds have been living on. Other catalysts have put us on the edge. This one may push us over it. Basically, the conservatives have lived for a while on lies, and we are being put in a place where we can’t afford them anymore. This isn’t the whole show, but it may be enough to get us somewhere where other issues go too.
That this nation, under God, shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.