Well, hell is here to stay for a while so we might as well deal with it. By this point, I can't imagine that everyone has a least some cash on hand and is itching to get into the game. I am NOT buying but making a list of things to watch and perhaps nibble on if they go on sale. For those more adventurous, you can DCA. feh.
So, in all fairness, we're looking at a virtual economy for several years. Perhaps not until well into 2024. Many of the traditional face to face interactions of life are never coming back. All these attempts at reopening and face to face anything are one by one exploding. Oh, and the flu season is approaching and it's getting colder so folks are headed indoors. Really.
So. The shut down darlings are going to continue to be the winners. Amazon, Google, Netflix, Zoom. Rural real estate. Lumber and building supplies. Survival basic materials.
Same with the losers. The existing losers are going to continue to lose. Airlines, cruise lines, casinos, resorts, hotels, tourism, travel, shopping malls, urban office space, etc.
What else? What am I missing? What if everything shuts down this coming winter? If things really get bad? Geez, even in 1919 it was worse than 1918 and we're repeating history . . . or denying it. Regardless, winter looks rather bleak.
We did send in our passports to be renewed. Gaslight city!!!
and so it goes,
peace and wear the damn mask,