Closing businesses
So Ohio and Illinois just closed all bars and restaurants until March 30.
How do you chart that? Others will surely follow suit.
How do you chart that?
Will this kill Friday’s blowout Dow rise? Drive gold lower? Oil down to $25??
Now it’s a guessing game. The fed can inject $100 trillion and it ain’t gonna move the needle, I suspect. Nowhere for the money to go. Car manufactures likely to resume their chase to $0; ditto travel related companies.
I would buy stock in a toiler paper company, though. Maybe calls, not the stock…
Money gonna go in stock buybacks…
All of Europe is, either closed or closing. Over 700 million people. No business, trade, travel, tourism. Weeks, maybe months. I said it before, I’ll say it again. It’s all over. They cannot save this. The damage is terminal. Take all actions to protect your wealth. NOW.
Ontario Dental offices to be shut for 2 weeks ( except emergencies) .
I agree NS. They can’t re inflate this bubble.