TSX:REI.UN - Post by User
Post by
BlueGuitar1on Dec 27, 2020 10:28pm
138 Views
Post# 32186310
Tokyo Olympics 2021
Tokyo Olympics 2021The Japanese Olympic Committee is said to have a "Cast Iron Will" to have the Olympics in Tokyo in August 2021 delayed from last August 2020.
They are biased for money reasons and their optimism is not based on science. It is very unlikely that people from around the world will fly into Tokyo in August 2021 to watch the Olympics. Maybe a virtual Oympics like the NBA bubble concept could be used. But it means Retail business in dead. Retail will not be safe until our bodies are safe.
Yes, this pandemic is global and yes, the Olympics are a clue into what the governments who control us are planning. By August 2021, there is NO way herd immunity will be achieved. So how does that affect the macro picture and our stocks?
IMO, "Stay-at-home" stocks is where my money will be. Risk ON.