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Reply to "WHO is pulling all of their money out of the stock market?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lots of impatient people on here. We haven’t hit bottom yet. Wait. Then buy. [/quote] +1[/quote] You have little chance of timing it correctly.[/quote] Conventional wisdom doesn't apply now. We know that 40% to 60% of the population will contract the virus in America and that 1% of these people will die. America has 360 million people. When 1 million people are dead this year do you think stocks are going to be up from their current point? Thinking that that's even a possibility is ridiculously clueless. [youtube]https://www.youtube.com/watch?v=BTPfBc4qp00[/youtube][/quote] So you think a much larger number of people will die in America than China? Really? This is why these statistics are ridiculous. Give it another two weeks, and the at risk population will be urged to stay home while things will get back to normal. Because the economy cannot take months of this for the rest of us. [/quote]
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