Thursday, April 23, 2020

Corona Virus: April 23

Earlier this week our neighboring states of TN, SC and GA announced they would ease "stay-at-home" orders.  This led to a long email thread where someone I know predicted doom and gloom, the end of the world as we know it.

I remain solidly in the middle.  Every day there are new data some positive, some negative.

Another 4 million joined the ranks of the unemployed.

The stock market moved sideways.

Congress is debating the fourth rescue package.

I'll stick with my prediction that we start easing here in WNC in mid-May, and with another prediction with much less conviction that we've seen the stock market bottom.

I'm bargain hunting tomorrow.