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I’d say the worst seems to have passed but then again we have 40 million+ people still unemployed so it may likely crash
I don’t see how the unemployment numbers just magically bounce back. People are out of work, people aren’t spending money, and a lot of people are having salaries cut. No way we should be at 2019 levels right now.
Pro
The worst has passed assuming those cops get convicted
Define cash? Back to March level? No.
Volatility? Absolutely.
Long, drawn out recovery? For sure
Chief
It's only been a few months, valuations are still somehow near record highs, 40 million people not working, nothing will change until we have a long term solution to virus.
Very likely that the worst is yet to come.