In my opinion, The Federal Reserve slashing the interest rates by 0.50 was a panic too soon. Short term billions are still being made in this market. During sideway market swings, the airlines, cruises, hotels, restaurants, and credit cards/banks are being hit hardest. Yes, cleaning supplies, utilities, household products, groceries, and online entertainment/online shopping will continue to thrive.💻💳📱⌚️But, life should go on. Everything in life is only temporary. We still need to put food onto the tables and move on with daily routines.
Any cash/digital currency is king during recessions. It’s not a surprise that investors are moving investments into cash as the coronavirus media continues to affect daily lives around the world. I have been trading and moving FOREX/foreign exchange currencies daily. It’s about adapting to changes in any market conditions and any global environments. Today will be different than tomorrow and the day after. Raking in more piles of leaves now.🍂 🍃Shouldn’t people continue to live as if there would be no tomorrow anyway? Fear kills more than just the coronavirus or any viruses alone.
Just a few thoughts. What will Fed do as the market turns even more sour? What will happen to coronavirus when the warmer weather seasons kick in? What will international housing prices look like? Who will become the next U.S. President? Will people continue to buy/use mobile apps/devices/unified communications or favor virtual technology and virtual businesses? Let the PROs do their jobs. Accept the free stimulus money. Focus on you.👩🏻💻🖲🍁
By the way, Asian businesses, restaurants, and grocery stores are hit hardest in countries with Chinatowns and all around the world. While people are scrambling to purchase household cleaning supplies or worrying about protecting themselves with protective gears, people are refraining from group events and dining out less at selective locations. We are not even living in World War III yet, but the panicking experiences and aftermath affects are real. We cannot control everything in life, but we can control our own decisions to live better and improve ourselves. We control if we are happy or sad. Please, continue to live the normal life, travel, and keep pursuing your dreams! We should live a greater life instead of focusing on the negative impacts in months to come. No one can predict the future.