[Balgair]

The markets are assumed to be trying to factor in the losses that they think these companies will suffer in the long term. There is real damage occurring in real time. Everything is still in flux, which is why it is ringing around trying to find a position. Calling off the markets may not be outside of our future yet, but it is not likely at this point. People want to get out of companies they think are going under and put their money in other areas like bonds or mattresses. This should be considered rational.