Seeking Alpha in a note titled "The worst is to come" points out the silver lining of coronavirus pandemic: The hardship that we are experiencing right now is tragic, but it fosters resilience and builds character.
At my Mathusalemic age, do I need to build character? I prefer to build wealth, to increase the worth of my portfolio.
"Also, we will soon know a lot more than we do now. Tthe true negative impact on the economy and the financial health of corporations is unimaginable right now. And as we progress through the month of April, the economic reports and corporate earnings announcement are going to undoubtedly be absolutely horrendous."
At my Mathusalemic age, do I need to build character? I prefer to build wealth, to increase the worth of my portfolio.
"Also, we will soon know a lot more than we do now. Tthe true negative impact on the economy and the financial health of corporations is unimaginable right now. And as we progress through the month of April, the economic reports and corporate earnings announcement are going to undoubtedly be absolutely horrendous."
Good. Reality is now returning to global capital markets. Much character building. Let's think of a plan.
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