Markets up 3 days in a row? Back to Bull already?
... but what about the recession? ... and all of the small businesses that are permanently closing?
Wow, .... turns out this was never a real recession.
... and yeah, I understand the costs of owning a business. I own 2 for 3 decades. Mine aren't going anywhere.
Payroll expenses? Health insurance? ... what do you think all of these unemployment numbers are? you think people are getting paid AND collecting unemployment?
People are "laid off" not terminated. 98% will have jobs waiting for them when we get thru this.
Now I'm not going to pretend that I know what the stock market will do. We could very well see more selloff and pain in the next several weeks.
What I do know is that the economy was as strong as it ever was, with record low unemployment, prior to covid 19 landing on US soil.
I have no reason to think it won't return to at least "very healthy" once we get past this. ... and cheap gas to boot!