We are in it for the long haul. Hard to believe companies with solid balance sheets can endure this economic climate let alone a company reeling such as Ford.
I think they will furlough everyone - white collar - adjust cycle plan and call back selectively.
https://www.dailymail.co.uk/news/article-8139923/U-S-coronavirus-lockdown-10-12-weeks-Trump-official-says.html
And yet this morning WSJ says Trump and others are thinking about opening up business again as soon as next week. Hard to believe what is really going to happen - and that is what is k–ling Wall Street now, the uncertainty.
If I had to bet, I would say they will open most of the country back up either next week or Mid-April at the latest.....would be hard to justify keeping it closed longer than that, as China was not off line more than a month. To do so would put the US in a recession that would make 2007/2008 look like a mild blip.
If it's a hoax go infect yourself and get to us about that. Make sure you quarantine.
Thanks
This is a hoax. Coronavirus is cold/flu/pneumonia. This is a power grab by the federal government and the banks.
Pray for the leaders in the Federal Reserve and Treasury. They will be navigating uncharted waters this year.