Who is going to buy going into elections, unfathomable earnings and second wave of Covid?
Who will buy? All those crazy funnymentals followers who look at all these factors, and are drooling for the next economic explosion:
Low inflation, FED pulling out all stops, very low interest rates, LOW REGULATIONS on small businesses, improved foreign trade deals,
business friendly admin, foreign wars avoiding admin, low taxes with more tax cuts coming, etc etc.
what about the flip side
1) new regulations at work such as distancing requirements, masks, extra sick time, testing costs, factory layout changes etc
2) new regulations such as special planning for employees over 60 or with heath issues
3) new regulations for how many customers can enter store at one time
4) new regulations with respect to school hours, childcare, daycare and school
5) new regulations on movie theaters , sport events , musicals , concerts, park events etc...
6) new regulations are travel , cruises , permitted visa which could restrict travel for Americans abroad
7) new regulations on immigration
8) new regulations on tourism and who can enter the US
by the time this over we could have the most regulated administration of all time
Seriously y'all are delusional.
This is going to be over in a few weeks, and as much you all would love to see those power grabs, aint gonna happen except perhaps for a little while in very deep blue cities where folks just love to live in fear.
We only have 1K deaths from this thing so far in Texas, compared to an average flu season of about 11K.
And the vast majority of the country is like Texas, and not like the cesspool of NYC.
