I think the stock hit was just what the doctor ordered. It is an emotional play, but we needed a break on the market to prevent it from over heating. Trump has pulled back the economy every time it heats up by threatening tariffs or insulting a snowflake or something. Today was kind of a natural Trump stop and such a pull back allows for bargains and even greater returns. Trumps policies have been great on the economy, but people don’t need to get too over confident. That said, the market will likely bounce back pretty quickly, and set up for a new high in a few months. JMO.
It had been a few years since I've read about the 1918 flu so refreshed some of the higher level summary. Sounds like it may have actually originated in China (although still debated), then mutated at some point. This created the much more deadly 2nd wave during the summer months. Pigs/animals were involved with the back and forth spreading as with this current virus. One theory is that China was exposed to the initial virus, hence they created some immunity to the stronger (mutated) virus that came later. In the 2nd wave, the healthier a person meant the more likely they were to die. It almost seems like I should try to get the virus now in case it mutates later and becomes more deadly.
It will not rebound until we know the extent and scope, both in th US and around the world. Stock of Netflix and Peleton are both up.
People are staying home. Food delivery services like Doordash and Instacart are probably doing well too. Of course you still don't know who might have sneezed on your food.
Never try to time the market. But today, next week, next month, wont mean much after Trump wins 2020.
