RE:my opinionYour scenario is very pessimistic BUT.......cannot be ruled out!
rochester3 wrote: I see great turmoil over the next 6 months. And that is based on the virus being eliminated in Canada in that time! USA, will still be dealing with it as their response is pathetically stupid. Oil / gas is just a quagmire, as Saudi price war will continue beyond that time line. Which will decimate fracking in N. America and seriously hurt tar sands. Any large projects including pipes will be frozen. Tourism - world wide - will simply be moribound. USA travel will be avoided due to continued nonsense there. Food and entertainment - wow, be easier to predict what may still be around. I think NBA, NHL will simply end seasons with no championship. Baseball too. That takes out a lot of bars. etc. A LOT of jobs lost . Small businesses hurt badly. Fixed income retirees will be the spenders. Canadian banks will weather this but I can see some USA banks disappearing - mostly via being bought up by larger ones. Retail - basics OK, high end nope. Canada will protect Air Canada and various other large businesses like Bombardier, and other aerospace but we may see a big retailer go down. IT and telecoms may fair well. Cannot see REIT's not having problems. MOST divies will be cut. USA will have severe nonsense as it is an election year and dont expect any truth at all about anything. Simply a quagmire. All in all, I dont think we have seen the worst of it yet. Hold on.