Hiring completely froze even before the stay-at-home orders started coming down.
Jobs news will provide some data points, but we still have little idea of the extent of the economic damage that will occur.
Where there is pain there is also opportunity.
Most of the Fed's programs have been aimed at financial markets functioning.
The VIX indicator typically shows higher levels when fear, doubt and uncertainty rise to a level of panic. That often subsides quickly, but not this time around.
I do believe that having no economy is temporary. I also believe that what comes out on the other side will be smaller, far less global.
Consider these stock model ideas: virus groups, work remotely, and fiscal.
But don't get caught thinking volatility is in the past and we're all clear.
Where to invest as China restarts that economy?
The Fed has attacked developing problems in real-time -- and as China shows signs of life, the semi stocks are benefitting.