The Real problem with CV is the damn Media! "PERCEPTION IS REALITY!"
The markets live and die based on "confidence" and if confidence is lost, WATCH OUT BELOW!
The CoronaVirus itself does not scare me- what politicians and the media do and say is what terrifies me!
Call me a conspiracy theorist but I been saying for months that "the fed" and PTB just need a catalyst or excuse to create and cause a correction as markets moved way beyond the bollinger bands and were way over extended...
Now with this correction however Fed and Central Bankers need to be extremely careful they can navigate a correction without it turning into a depression... recession if economy screams to a halt due to consumers fearing to leave their home, will be inevitable!
Consumer was the last great anchor to this economy- if schools close, travel is banned, shipping slows to a crawl, oil crashes, better believe the markets and even the great plays that trade on them like Score could continue to drop
(I dont dare say plunge but I am being extremely careful how I play/trade/invest these days!)