Investing in the Age of the Chinese Virus

[MillCreek]

From the link:

I'm not real worried. The virus reaction was overblown and unprecedented. The above quote is pretty much what has been said all along by the "experts": First and (especially) second quarters will look brutal, but third quarter will be a positive pop. Last week's job numbers were already an unexpected good sign.

With the upswing in the stock market, I have read much commentary that the market apparently thinks it will be a V-shaped recovery instead of a U-shaped recovery. This has confounded the economists.

[Ben]

With the upswing in the stock market, I have read much commentary that the market apparently thinks it will be a V-shaped recovery instead of a U-shaped recovery. This has confounded the economists.

Regarding your previous link regarding the recession, interesting commentary this morning suggested that the recession has come and gone, starting in FEB and ending in MAY. There seem to be good indicators of that, though we're certainly still in "unknown territory" and anything can happen.

[lupinus]

I made some juggles in the 401k on the downswing and again on the upswing. I'm back in the green for the year by a little shy of 2% as of right now.

I just worked out the numbers and had I simply gone for leaving it alone to ride out and I'd still be pretty deep into the red had I done so. So I'll take it. I'd actually be having a darn good year for the 401k had I made the same moves a little earlier.

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[K Frame]

I bought a bunch of Occidental Petroleum stock...

Just in time for it to tank in the latest down cycle.

Sigh.

[Fly320s]

What do you think burning down cities is?

Peaceful protest.

[Fly320s]

With the upswing in the stock market, I have read much commentary that the market apparently thinks it will be a V-shaped recovery instead of a U-shaped recovery. This has confounded the economists.

The stock market is emotionally driven in large part.  Maybe the majority of momentum, in either direction, is based on feelings rather than facts.