TSX:REI.UN - Post by User
Post by
BlueGuitar1on Dec 21, 2020 11:07pm
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Post# 32158700
New Time Line for Ontario and Canada
New Time Line for Ontario and CanadaAll imo:
Lockdown Dec 26, 2020.
Schools will go virtual to end of year.
Brick and Mortar retail will have a terrible time and many will go bankrupt.
First sign of relief from rising hospitalizations months away.
Vaccine looks good but herd immunity not for at least two years.
The Variant Under Investigation (VUI-202012/01) has escaped the UK and will find its way into Canada and the USA and is 70% more virulent. This will make 2021 a complete write-off.
Stock markets will re-test March 2020 lows.
Stay at home stocks and food stocks will do well.
Watch store inventory of sundries like toilet paper.
Cash is king to buy beaten down stocks.
Gold and Silver to hedge against devalued currency. The central banks have created so much more currency.
Hard times ahead as the "Great Reset" starting using Covid crisis as excuse.