But yet the market is basically flat for the year. I’d love to hear some rationale for buying stocks from the people who are actually buying at these prices.
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How many of their privately owned competitors in certain industries are going to wash ashore? Being able to loot market share over the past few mnths seen as greater LT benefit than ST fall in demand. That would be my crack at the reasoning.
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If mental health is factored in, the number may be well over 30%. But the U.S. already had some of the highest rates of mental illness in the world. With respect to suicide, rates often decline during crisis, then spike later.
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*raises hand* I lost my job in Minneapolis commercial real estate three weeks ago. Literally no jobs available rn. However, I was primarily managing the Midtown Exchange complex in South Minneapolis, so I might be living in a Chinese proverb.
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I think with 40M unemployed- 120M directly affected in a safe estimate for high risk
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yeah that's how I got there
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Stonks go brrr tho
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