Our continuing research into the state of the real estate market suggests the Covid-19 virus event will likely put extreme pressure on many sectors within the U.S. and global markets. This, Part III of a multi-part research article, highlights many of the key economic data points that will soon be released and how these numbers may shock the markets.
Additionally, as consumers and businesses prepare for an extended shutdown, it is important to understand the psychological process that takes place in the minds of people.
Initially, people naturally hope for a quick and reasonable solution. As the process continues where an extended shutdown of the U.S. economy persists, consumers and business managers change their expectations from optimism for a quick resumption of economic activity to “how do we survive this extended closure event.” This is when traders and investors really need to pay attention to what is happening in their local and national economies. One of the most…
