What I do find fun about these discussions is there are a wide range of outcomes that can happen.
Just a few minutes ago you had a hedge fund manager on CNBC who has a personal net worth in excess of a billion dollars said he would go mortgage a house to buy stocks right now and thinks the market will come roaring back later this year. Another guest pushed back and disagrees and thinks the economic effects will longer and deeper.
Time will tell who is right but both are well educated men with lots of experience.
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