Good News:
1.Current Quarter Exponential Effects...YES, but once this starts to "Downgrade," the plumbing opens and "Goods/Services" start Flowing Immediately...there is no lag time, so 2nd,3rd QTR will "Immediately" pick up...Macro does not support a "Recession."
2.This is Not a "Pandemic"....Yet, and it's not even close! It's Def gonna put a dent into all things markets...but once its over the peak...flows will start immediately!
Situational Awareness...Assess the environment and proceed w/caution as always!
Cheers!!!