This is for green light discussion.
This too shall pass and we'll be stronger. What we, as investors, need to do is figure out where to invest when we attain some clarity. First of all, we're looking at a completely different reality and economy post virus. Life will NOT ever be the same. That means we want to avoid bottom fishing when all that's on the bottom are dead fish.
Dead fish include travel, tourism, airlines, stadium events, all things face to face. Am I predicting peeps won't travel? Of course not, but even with some insane bailout package, the airlines and Boeing will never recover. Boeing will face a triple whammy of Max800, virus and a massive reduction in defense spending. Bring the troops home and defend the shores and save $500B a year.
Another sector is private health care. Toast. It took Korea 12 years to convert to universal health care and that's why they handled this virus so well. We will not because we have no public health system. Our health care system will break badly and several million are going to die. You think NYC and California are going to be bad. Wait for the heartland where there are no rural hospitals. Private sector closed them all because they weren't profitable. This health care for profit idea has to die. The heartland will be like some Mad Max movie.
Shopping. F2F will never recover. Malls are dead. Those vendors with online sales and delivery are and will thrive.
Sports: no big events, no stadiums, no F2F.
And folks, I'm not trying to be gloomy but anticipate what the future will look like so that we can target our buying op.
and so it goes,
flatten the curve,