RE: Gut feeling1 Jul 2020 01:54
My gut feeling is CoVid is not going anywhere and lockdown has failed in the US and UK. The lockdown will, I fear, return in the next 6 weeks. Some of the Home Nations may be fine but once they open the borders then what? Will they be closed forever? There will be buying opportunities, no doubt about it. Barring a vaccine, this could go on for years.
On the note of vaccines, people are quite pessimistic. Vaccines are often said to take years to test and implement. But when governments, people, and companies are on a war footing with unlimited resources you will be surprised how quickly solutions arise. With trench warfare the British Government went from cavalry charges to tanks in 2 and half years. America went from having no army to the Atom Bomb. People find a way. I think the virus will be sooner than the worst case scenarios predict.