Tim Buckley: These are unparalleled situations. We are living with the uncertainty, tension, and challenges of a world-wide health and fitness disaster merged with an orchestrated financial shutdown.
We know the slowdown is not caused by a structural dilemma, but we never know how long it will previous. Even epidemiologists can not pin down when the virus will subside and we will return to some sense of normalcy.
In the meantime, unemployment is surging and the financial info will get worse. Prepare to listen to double-digit unemployment quantities and significant contractions in GDP—20% or far more for the second quarter.
But, never overreact and never attempt to time it. Recall the markets are ahead searching and significantly of this information is presently priced in. Absolutely sure, fairness markets could get worse if the slowdown extends more, but also comprehend that the markets will rebound considerably right before financial info