Dear Professor Kaufman,
I opened an account but will probably not gamble in the stock market right now.
I was going to buy puts but the market has crashed already.
Maybe too much.
If they can stop the virus and re-open the economy by Easter the economy may boom again.
If it takes longer, the stock market can still recover somewhat.
I do not know how bad the supply chain has been disrupted from worldwide shut downs.
Some companies will go bankrupt.
Other companies will boom.
Hard to figure out which stocks to buy puts on and which stocks to buy calls on.
Much is uncertain.
I will just concentrate on reading and staying healthy thru this.
We are under stay-at-home orders now.
Despite few cases of the virus around here.
Could this all be an over-reaction due to Obama-care failure to stockpile face masks, ventilators, respirators, ICUs, etc.?????
Begin forwarded message:
From: Fidelity Investments <Fidelity.Investments@mail.fidelity.com>
Subject: Your new Fidelity account is not funded
Date: March 24, 2020 at 7:18:25 PM CDT
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