VIX suggests a short term bottom, but people are freaking out. 10% more and i'm telling people to buy buy buy.
why do so many people think the world economy has fundamentally changed because of a very likely temporary adjustment period for this new virus?
Because humans are short sighted and how it is today is how it will always be forever and ever more. Hence, bubbles and panics.
i think the market was priced to perfection so much of this was a natural correction that was sparked by teh virus. then people started freaking out by the drop and new cases of the virus and we have what we have now.
little league international just sent out an email saying players should tip their hats to the other team at the end of games instead of hand shakes.