Jester,

At the risk of appearing panicked, I keep asking myself this question: Why can't this rival the great depression, when stock prices fell by 80%? The Dow futures are already off 5% as we speak for the open. Trump seems to make everything worse, by his reluctance to do what's necessary. (*Not* invoking the act that lets the govt. direct what needs to be made because he wants Republican 'market forces' to magically know what's needed and do the right thing? What?) Minuchin saying unemployment could reach 20%. (Then, semi-retracting it thru a flunkey, saying it 'wasn't a prediction.') The Democrats want accountability for bailouts, and the Republicans want to make their buddies whole, if not richer. The Republicans have scheduled a vote 5 minutes after the market opens. If it fails.....how much does the market lose tomorrow? 

At least in the depression, people could go to food lines. That may be a death sentence this time around. How do you provide for people's needs when 'social distancing' is the norm? Who is going to organize all this effectively? 

And, as I've said before, if small businesses get wiped out en masse, what economic base will be left. Can we trust companies to use the money to retain workers, or use to money for the survival of the company?

I've not decided anything. ANd I may not do anything. But I've done some figuring of what, after a drop in the markets tomrrow, what taking 30% and 50% out of the market would look like for my financial positions. 

As we all know, Trump's first words for the aid package was to bail out the hotel and cruise industries. He refused to say if his hotels would accept aid, whining about not getting credit for forgoing his presidential salary. With this crazy jerk at the top, why would we believe that there will be a sane, effective response?

Not to mention, as I also said, as testing ramps, infected citizens spike, as hospitals (who have been begging for supplies - to little effect) become overwhelmed - why not a Great Depression 80% haircut in the market before it's over.

Ok boomer (or Cassandra if you like), I've had my say :-)    But can the market stand more political incompetence?

I just heard another news blurb where Trump was saying that "you're going to see (the economy, the market) come back very fast. Very fast. There's a lot of pent-up demand." 

Not to mention that there is a worldwide container-lockup, as Chinese officials don't want to unload containers until they're sure they're not importing the virus again.