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re: Why hasn't the stock market completely crashed?
Posted on 4/3/20 at 12:38 pm to udtiger
Posted on 4/3/20 at 12:38 pm to udtiger
quote:
Because some companies are thriving right now (Amazon, WalMart, Netflix). Others are positioned to explode when some normalcy returns. Also, the government is taking unprecedented, serious steps to mitigate the economic impact. Plus, there is still the belief that some business will start up in May.
This^^^ is the response I'm looking for, it's true, some companies are thriving right now. I don't think we're going to feel all the real pain of this shutdown for months...it will have somewhat of a ripple effect through the economy.
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