RE:RE:RE:What happens from here?The numbers are going to get depressing and scary, especially if/when we get Asia’s numbers. Better testing might help dilute them, since much testing here is restricted to high-risk subjects right now. Even with that, though, the actual rate of infections here (west coast) has been remarkably low. So far.
Lombardy is real. I don’t want that here.
Johnwith30years wrote: I expect to see much backing and filling and a bumpy ride but by the end of this year we should see strong recovery I expect. However I do not think the markets are prepared for the number of deaths that will likely occur in North America and I am afraid it may well be that America becomes first among the world's deaths by virtue of having a sociopathic, self-absorbed and anti-science leader.
If some experts are correct and New York ends up with half the population infected before a vaccine then 3% deaths would equate to 135,000 deaths in New York City alone. Notwithstanding that possibility utilities will go on as will propane demand and governments will not extend credit as required to key utilities - like ones supplyiong Washington...I target a possible 20 now for year end but realize it may be another year before we see 24 although that could happen by May 2021. How many times hav eI said Patience but this is a unique historical event in terms of modern markets so no one really knows... Stay safe all ... and fully invested if you can hold.. GLA