My brother in law got COVID-19. In NYC, apparently, they do not look at you unless you need a ventilator. He remained home, enduring 105 degree temperatures, for 8 consecutive days. I found that hard to believe — but it’s true. They didn’t give him any meds, just Tylenol. Doesn’t seem promising.
The head of the NIH, Fauci, said we should expect 100k-200k deaths in America before this is all done with. I find this virus to be the most incredible thing I’ve ever seen. My friends in Brooklyn tell tales of youngsters throwing giant house parties, dubbed “QUARANTINE PARTIES”, and others are holed up with thousand of dollars worth of food and materials. I cannot find papered towels and was lucky enough to find a hidden resource of toilet paper in NC, otherwise I’d be hard pressed for it.
Food is scarce, with roaming bands of hoarding animals sopping up all protein inventory within hours of being restocked. There is a barrier between customers and cashiers now, with a little hand sanitizer pump just adjacent for everyone’s safety. People walk around casually with masks and I walk around with my plastic black cooking gloves.
Neighbors wave at you, but not in an inviting way — more like “hi there, keep your distance you COVID-19 having bastard.”
How does this all play out? By the time GDP recovers in Q4, will it be time for COVID-20? Is the world completely BOGGED? What is this thing mutates?
IS IT A NATURAL OCCURRING VIRUS OR WAS THIS SHIT CREATED? Out of nowhere, this fucking bat out of hell escapes China and blankets the entire globe — even the most remote areas of the world?! How?
I guess those questions are pointless, since it solves nothing. But one thing is for certain, this shit isn’t done wreaking havoc on global economies. Italy announced for the second day in a row, dissipation in the amount of deaths caused by the virus. I suspect markets will want to trade higher on Monday. I suspect many of you will hate markets trading higher because “it makes no sense.”
That’s how it works.
Until we get another downside catalyst, markets will be rigged higher. Once that catalyst presents itself — WATCH OUT — the rope will be cut and the elevator smashed at the bottom of floor.If you enjoy the content at iBankCoin, please follow us on Twitter