Originally Posted by
SSlow
Should we expect another big industry wide drop during the next earnings report season, or is that all currently being priced in to the market?
Who knows. These are the current casualty numbers for our ongoing misadventures in the sandbox:
These were by and large young healthy troops with their whole lives in front of them - yet outside of their families, few people seem to give a damn.
So far we have twelve (12) coronavirus deaths in the US, the vast (if any number less than a dozen can actually be called ‘vast’) majority of these elderly individuals with serious pre existing illnesses whose baseline status was sort of ‘one foot in the grave and the other on a cake of soap.’
Yet nobody seems to be overly concerned about the thousands of young troops dying but they are going bat$h|t crazy about the less than a dozen elderly. And for some reason known only to God, they’ve bought up all the toilet paper in Costco.
This is not a rational response, it’s a panic. Who can tell what might happen next.