Another Week, another Last Week Tonight, still lockdown
Here we go again, the news and media still under the grip under Sars-Cov2.
Despite that, the whole pandemic will have an impact on years to come. But that's good. The worst thing we can do in that moment the lockdown is over to pretend that the whole pandemic was just a bad dream.
Every major disease has shaped our society.
On another note: The fear is full back into the crypto market.
But the market still seems to get into a greedy trend.
Analysis: This week's overall sentiment was even more positive than last week's (~ 47 % expectations fullfilled). The most expectated short term scenario is now an uptrend (25 %). The three month expectations are also more positive with over 30% uptrend predictions. The results of this week's poll are clearly showing a greedy trend. Smart money shouldn't jump in right now*.
Source
I'm still quite unsure about a second wave in the infection rate but even the US is now showing a breather.
https://aatishb.com/covidtrends/
But don't be fooled, the biggest risk is still the effects on those numbers two weeks after the lockdowns are pulled back. It took roughly two weeks for the lockdown to show any effect on the infections numbers, so it will also take two weeks to show opposite effects. We need a starting economy without a lockdown and low new infections cases for a overall rally.
In the meantime, chilling around, listening to some music.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
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