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Originally Posted by IK6SPEED
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If there's one thing about this COVID-19 situation, is things move fast. This article you linked is 2 weeks old. Today, at least
Goldman Sachs abandons its bearish outlook and the worst is behind us.
I'm tending to think similar as well that we've bottomed out. Recent quarantines in US and Europe appears to have stabilized COVID-19 initial infection spikes and once the stay-at-home decrees are lifted (this Spring hopefully), people will be out and about boosting retail (including cars), restaurant and other business activity.
The one uncertainty is how fast the newly unemployed will get back on their feet. Mitigating this is the poor unemployment numbers are likely already priced into the market.