late wrote:An epidemic is regional, a pandemic is global. This disease is a pandemic.
Patrickov thought the stock market would recover in a matter of months, another said he was going on a stock buying binge.
I would inject a note of caution. That sentiment expects the disease to follow one of the usual patterns. But, so far, this disease is not following normal patterns, it is highly transmissible.
So we will see.
I've already started my stock buying binge.
Let's say you are right, and this shit erupts into the worst plague ever. At that point, my stocks don't matter anyway. The market is already primed for a bounce back today, which means I may already turn a profit within 24 hours (on paper).
Further, if any of you have a 401k or IRA, that shit is in the market too, so RIDE THE WAVE baby!
If you are not nearing retirement, stay the course! White knuckle that bitch!