You dumb fucking fucks. Well maybe you are some smart fucking fucks, but I don’t have the data yet. If you are living under a rock then you probably don’t know but the country is slowly opening back up with states relaxing COVID guidelines and letting some sort of life gather once again. From restaurants to bars to movie theaters, businesses are getting creative to get people in the door and cash in their pockets. But everyone has to wonder, is COVID just taking a nap ready to piss all over the population again with increased shelter in place because we didn’t give a fuck about thinking of a second wave? Well BizBites is kinda saying if you think we’re out of the woods, we’re not. At least not yet.
Look I just went to a bar for “research purposes” but BizBites you’re drunk! Yeah well, so is uncle Fred every now and then and you let that pass, so just do me a solid. Look there is no doubt people have been responding positively to this. The country opening up only brings optimism to the the type-A’s that fucking couldn’t last another second without asking a person how their day has been. Hats off to you guys for real. As usual the stock market has responded positively to the news of public optimism. With DOW getting over 300 pints today, I think? It is looking like the worst is in the rear-view mirror.
But is it really? With most pandemics there always seems to be a second wave, one that is far more fatal and far more crushing than the first. “But BizBites where do you source that from?” From the fucking history books I was forced to read you fucking moron. Look I might not be right in the 21st century but wouldn’t that be a good thing? Like it probably is good that I am wrong but if a second wave does hit, that means more buying opportunities.
Look, when there is blood in the streets you better fucking buy. That is just a simple rule from the legendary Buffet. When everyone seems to be pulling out you better push back in and twice as hard. “BizBites fucking chill” I don’t have any chill dawg. Stop asking. Look there was a buying opportunity but that might be gone. The thing is, stocks are back in their normal behavior for the time being.
Oh does that mean I know the future? Fuck no. But I am happy to pull from the past. If I were to bet, we might see a slump sometime soon, but once again that would only mean promise for the markets. The stocks have come back at a record pace and that only sheds light on the ongoing optimism. Is it premature like an 19 year old losing their virginity? Probably but just like that situation we will have to wait. Markets you tell us when to move.
Anyway, that’s my take on it. Until next time.-GS
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