Check out the max charts on these
link:://loothog.com/CovidStock.html
I'd suggest invest ONLY in essential services. By essential, I mean only the basics of living.
Quote from: Steve on Apr 21, 09:19 PM 2020
I'd suggest invest ONLY in essential services. By essential, I mean only the basics of living.
Do you anticipate a collapse down to the basics like the depression was?
Not entirely. The effects wont be absolute.
Some businesses will thrive, some will die, some will struggle but recover. But the OVERALL effect will be WEAKENING of industries, and increasing the gap between rich and poor. ie eroding the middle class.
And OVERALL I expect there to be more of an emphasis on businesses and jobs that matter more.