Originally Posted by RazorsEdge
Originally Posted by gfh77665
Originally Posted by ZeeOSix
But yes, as time goes on and all the unemployment numbers and company losses are reported it's got to put a damper on the outlook of the economy and therefore the outlook of the stock market.
Thats presuming that there is never any medical breakthroughs or any good news on the horizon. Yes, if you believe that all things will only spiral downward from here, with nothing ever improving, then you are correct.
I don't share that view.
Exactly
You want to go through life looking at the negative, then that only reflects upon you and the others who around you as well. For me, that's toxic and unhealthy.
I think it's also a view of possible reality. The longer businesses and people are out of work, the more chance there will be that many small businesses will not survive and most likely fold under (won't be rehiring tons of people, more unemployment than before, bankruptcies, foreclosures, etc).
Unless Uncle Sam bails everyone out for free, there will be a pretty substantial financial hit to most businesses, and that will hamper them in the future and it will take a long time to get back in the black. That's just basic business finance common sense.
This isn't going to suddenly change back to all sun and roses quickly ... there will be pain for many businesses to get back close to normal. IMO, it will be a relatively slow recovery ... but it will recover.
Originally Posted by gfh77665
Originally Posted by ZeeOSix
But yes, as time goes on and all the unemployment numbers and company losses are reported it's got to put a damper on the outlook of the economy and therefore the outlook of the stock market.
Thats presuming that there is never any medical breakthroughs or any good news on the horizon. Yes, if you believe that all things will only spiral downward from here, with nothing ever improving, then you are correct.
I don't share that view.
Exactly
You want to go through life looking at the negative, then that only reflects upon you and the others who around you as well. For me, that's toxic and unhealthy.
I think it's also a view of possible reality. The longer businesses and people are out of work, the more chance there will be that many small businesses will not survive and most likely fold under (won't be rehiring tons of people, more unemployment than before, bankruptcies, foreclosures, etc).
Unless Uncle Sam bails everyone out for free, there will be a pretty substantial financial hit to most businesses, and that will hamper them in the future and it will take a long time to get back in the black. That's just basic business finance common sense.
This isn't going to suddenly change back to all sun and roses quickly ... there will be pain for many businesses to get back close to normal. IMO, it will be a relatively slow recovery ... but it will recover.