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April 2020 – We’re not done yet (+ Bitcoin)
By Road To FIRE  •  May 1, 2020

The financial markets in April 2020 were generally green and it appears that investors are willing to forgive companies for the poorer Q1 2020 performance. As long as the earnings reports are not as bad as what was initially expected, the share prices have rebounded somewhat from their recent low.

Are we out of the woods yet? I don’t think so. We still have a long way to go. Until a vaccine is available, I do not see the world returning to normal. To date, there are no long-term solutions to the COVID-19 problem. Instead, countries generally use 1 of the 3 models below to react to the pandemic:

China – The authoritarian method by locking down cities in order to contain the virusSweden – No lockdown but instead trusting its people to voluntarily follow safe-distancing measures and other protocolsUSA – Individual states fighting on their own; using both...
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By Road To FIRE
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