COVID-19 Outbreak (Update: More than 2.9M cases and 132,313 deaths in US)

B4YOU said

I think you are discounting the effects of fear, uncertainty, unemployment, telework, and disease. American demand is both shifting and decreasing while savings rates climb. Necessity and a shared threat changes attitudes.

https://www.google.com/amp/s/amp.cn...sting/savings-rate-federal-reserve/index.html
https://www.cnbc.com/2020/05/13/sho...g-to-penny-pinching-at-the-grocery-store.html

Click to expand...

They say stockpiling money is a deathnell for the economy. Shoot I've never cared. Nor have I ever put money in the stock market. I just hoard cash been doing it forever.

The greatest piece of advice my grandparents ever gave me was to save and don't blow your money. They too were anti stockmarket. Sure my money will never double but it won't go away either.