I actually really hope someone does check back in a couple of months and see if people still think their gloominess about financial matters was warranted.
IMHO gloominess about financial matters will be warranted, but probably not in the way people expect. I think the stock market will have mostly recovered, most people (who don't work for small businesses) will still have their jobs - but we're going to have very significant inflation, perhaps even hyperinflation. The Fed just injected what, $2T over the last week into a supply-side shock. Prices are going to go up anyway because of supply chain disruptions now facing 75% of companies, and then on top of that we have a massive amount of liquidity being injected. I think it very likely that that'll kickstart higher inflation expectations, which are hard to tamp down once they've started. Best case we get 1970s-style 15-20%/year inflation. Worst case we get 1920s-style Weimar hyperinflation.
I did just read this [1] and do agree that the strategy in South Korea was productive. I think a variant of that where local hospitals provide testing could be useful here in the US.
As for inflation, I think we are little too early to point to one outcome as the likely one. Right now my view is that I can either let my mind go into full freak out mode or I can think about the fact that I do have fairly extensive contacts of people who are first responders, healthcare workers, research scientists, policy makers, innovators and I trust them. If I can trust them, then I can trust that the overall system is going to work imperfect as it is.
The part that frightens me is that every doctor I know is totally freaking out right now. If practicing medical doctors said it was going to be okay, I think I'd trust them. That's not what they're saying.
Wish I could do a RemindMe!3months.