As the provincial governments are announcing the return to work the markets have rallied.
Some stocks added a astonishing gains yesterday and are continuing the rally today. I would not even trust the rally to last out today as I am hunkered in my bunker already.
The markets are unpredictable because in part there are a lot of baby boomers already retired, retiring or close to retirement with their retirement money in the markets. With these geezers fishing the same hole, poking and stirring the waters adding volatility to the markets. This will add uncertainty to the markets as they stay in way too long in times like now and flee like lemming on fire when the markets go south.
Things are about to go bad as the big companies report horrendous first quarters, as new reports scads of businesses casualties that are closed never to re-open, businesses re-opening with a reduced staff and the reports of people now unemployed. Expect a second punch in the stomach as the second quarter is reported it will not be better than the first quarter.
Some stocks added a astonishing gains yesterday and are continuing the rally today. I would not even trust the rally to last out today as I am hunkered in my bunker already.
The markets are unpredictable because in part there are a lot of baby boomers already retired, retiring or close to retirement with their retirement money in the markets. With these geezers fishing the same hole, poking and stirring the waters adding volatility to the markets. This will add uncertainty to the markets as they stay in way too long in times like now and flee like lemming on fire when the markets go south.
Things are about to go bad as the big companies report horrendous first quarters, as new reports scads of businesses casualties that are closed never to re-open, businesses re-opening with a reduced staff and the reports of people now unemployed. Expect a second punch in the stomach as the second quarter is reported it will not be better than the first quarter.