/biz/ - Business & Finance

>>18979202

>>18950755
It's not really green though. The YTD S&P map still shows that masses of wealth have accumulated at the feet of too-big-to-fail businesses like AMZN and MSFT. The rest of the market is still sitting somewhere, on average, near the bottom.

Nobody wants to make any moves because there's so much shit going on. It's honestly smarter to be frozen right now than to play this, even overnight swings are dangerous, especially when so much of the movement is occuring through the AH and Pre-market movement. I don't have future-guy's chart, but it does a good job of showing this shit.

There's just a lot of cascades and people want to watch the first big domino come collapsing down, I reckon. Like auto loans, or REITs being crippled with rent moratoriums. Substantial resurgence is a possibility, and regardless of the severity of the disease, will still cause effects. Trade wars on multiple fronts, as well. Oil isn't done with, and neither is CN. It's an election year as well. But there's a lot of disruptive shit that's happened, too. If WFH becomes more prolific, and that suppresses oil demand, for example. Or social distancing becomes habitual, restaurants/clubs will suffer.