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“An Alternative Plan to Mitigate the Spread of COVID-19 and Get Americans Back to Work”

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In this video I look at the question if we've hit the bottom, why I see signs of optimism, and challenges in timing the market bottom.

The market is forward-looking and where the market heads depends a lot on future projections by investors. Where is this crisis headed? When will the peak be? How is the government responding? What are the risks of a severe multi-year recession?

Currently, the U.S. is ramping testing and as a result we're seeing large number of daily new confirmed cases. However, testing is a lagging indicator so it's possible that we hit the true peak of new daily cases before it shows up as confirmed cases.

Further, big money is looking at systemic risk and the major concern is how government action increases that system risk or decreases it.

When the government takes action to decrease system risk (by mitigating spread and restarting economy), then it's more likely big money holders will turn optimistic. With optimism there's an increased appetite and appreciation for the future cash flow of companies.

Also, media is often slanted, biased and influenced by big money. So it's not a reliable indicator to trust media and the messages in media as an objective assessment of what's going on.

Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel. Author is long TSLA at time of original video publish date.

Tags: Tesla, TSLA, Elon Musk, Model 3, Model Y, Cybertruck, Investing

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