Dow Down A Pinch Today

[ProfessorGAC]

That "the peak is coming" bump didn't last long.
Likely just more bargain hunting yesterday.
This continued fluctuating has one positive. DOLTUS can't bleat about the Dow rising too much.

[ck4829]

1. I don't know why people are looking to the Dow when it comes to public health

[ProfessorGAC]

2. Nor Do I

Wishful thinking? Grasping at straws after losing 27% of value?
I mean, what makes investors continue to bid up Uber, when the 11 year old company hasn't made a profit since well before they went public. 10 years in the public eye and still not profitable, but stock kept rising.
So, we shouldn't be surprised that a potential peaking of DEATH would trigger an irrational response.

[Maeve]

3. It was stronger during the early hours

But by afternoon, the fade was in effect. Don the Con tried to bump oil last week, but prices fell again today. And heaven only knows how many more layoffs there will be this week.

We are not going to see a quick fix--this isn't an edited reality show; we're in a soap opera, where storylines can last for months, if not years. Now, if we could just get rid of the yammering clown who tries to suck all the oxygen out of the room....

[ProfessorGAC]

5. Yep

It was up around 800 early, cooled, then pretty much fell all afternoon.
Maybe at lunch investors heard 12,000 deaths.

[NoMoreRepugs]

4. With the unemployment rate racing towards 20+%

in an economy that is two thirds consumer driven, I’m of the opinion what’s around the corner is going to cause great anguish and unrest even amongst the diehard goober Deplorables.

[ProfessorGAC]

6. One Would Think

Late last week, the Nat'l Restaurant Association predicted 11% minimum of members would never reopen. The high end of that range was 30%.
Now, assuming some high % of those eventually reopen, it still means workers with no income for months.
Puts quite the crimp on that consumer base.

[NoMoreRepugs]

7. Have to wonder how many mom n pop or small

independent food establishments aren’t Association members? There is going to be carnage.

[ProfessorGAC]

8. In That Article...

...they had a guesstimate about that. IIRC, they suggested that the predictions would be similar, but I can't swear I'm remembering that correctly.
Those mom & pops could also, eventually, open under new ownership, but the lag is going to cream restaurant workers no matter what type establishment!