“We already know that” says my son as I explain we are about to witness the destruction of economic activity and levels of unemployment (furlough aside) not previously seen since the Great Depression. He is not worried by the lack of an immediate cure or vaccine for the virus, which may mutate and subsequently return. He responds with glee at the prospect of the “lock down” extending for months, denying him school for the summer term. When I tell him that the steepest share price falls since the…
‘Only a perma-bear brings a knife to a bazooka fight’
14 Apr 2020
Posted by Barry Norris