Sounds just like Trump, it's about him, always has been and of course his beloved stock market.
He said it wasn't real.
He said it's contained.
He said it would disappear very soon.
He blamed it on the democrats.
He shared his hunches.
He overruled his scientists.
He did everything he could do to downplay and keep his image up, until the expanding pandemic finally forced the messaging to change. Catch-up only works if you are Tom Brady in his prime, there are no forth quarter miracles coming our way on this one, unless your a team in need of a new QB.
I'm only invested at a risk level of 3 on a 1-10 scale and I've lost a boatload of investment and I'm bracing for more losses. I'm healthy and can absorb those, but I pity the younger working men and women in a higher risk portfolio, or someone who was close to retirement and didn't bail out, it's a hard thing to watch your retirement plan taken down by 20%, 30%, 40%.
|