Smith1776 wrote: ↑Thu Apr 02, 2020 1:16 amI'm going to fancy a shot in the dark because I feel like it.
There will be continuous comings and goings of these kinds of shutdowns that happen in waves. COVID-19 will mutate uncontrollably and the next era of the stock market will be one of stagnation like 1966 to 1981.
Hey, it was going to do that anyway, even without the virus!!!
And maybe another kind of repeat... stagflation. The supply chain (all kinds) is getting creamed, when demand comes back, things will get very tight. Also, US Dollar hitting highs, it won't grow to the sky, if / when it falls things will get more costly in US Dollar terms.
But maybe not in Gold terms. I know people here don't like TIPs, but I had some muni bonds in my taxable account, well they puked, so I tax-loss harvested MUB (because the outlook for cities isn't going to get better soon), and use the money to buy TIP. The TIP coupon is so low the taxes don't bother me. And it's a sovereign. And it's longish-term (10 years).