Just thinking Even with Fed injections we have not even begun to see the long term economic fallout from this lockdown. Failed small businesses, personal bankruptcies, mortgage defaults, etc. I don’t see this as a big recovery at this point.
It’s looking more like corporate welfare every day. Not something middle or lower income America is happy about.
It won’t be an easy road back, but it never is and in the moment it will seem like forever. But 2-3 years from now it will appear as a blip on the economy and markets, it always ends up playing out that way, regardless of the causation and steepness of the fall.
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