|Forum - Wall Street Pit
||Stock Due Diligence for All|
|From: trendtn (Rep: 169)||Date: 07/30/2020 10:23|
|Forum: Wall Street Pit - Msg #2868747||Thread #674183668 (Rec: 4) |
|"Neither the Great Depression nor the Great Recession nor any of the more than three dozen economic slumps over the past two centuries have ever caused such a sharp drain over so short a period of time.|
By comparison, the worst quarter during the financial crisis of 2008 was the 8.4% GDP drop in the fourth quarter of that year. The previous low-water mark was a 10% slide in the first quarter of 1958, while the worst in recorded history came in Q2 of 1921."
And to be clear ...because we did not follow science...because many still think its a hoax...the number of daily infections has doubled since april shutdown.
Said another way....we are going to have to reclose again...everywhere...simultaneously to even have a chance to halt this.
That clearly wont happen until post november
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