Let me give some of you panic purveyors some perspective.
30-60 day short term hit to the economy. Use some common sense if you have any and look back to prior such events and how the world and US actually survived.
This might be over some heads here but the bottom line is that the 3rd and 4th quarter GDP will rebound and be massive because why?
1). Federal reserve policy is a major positive. "Don't fight the Fed" as they say and rates will get cut again
2). Tax policy still a big positive due to the prior tax cuts and more money in people's pockets and small businesses.
3). Trade policy is as good as it gets with new deals with China, Mexico and Canada with India on the way.
4). Deregulatory policy is in full force, FDA and CDC barriers being lifted and old guidelines being changed rapidly.
5). Fiscal policy just landed with the President enacting the Stafford Act and access to 50 Billion along with a new bill from Congress getting signed on Monday.
These are always the 5 pillars of our economy.
Airlines and Travel industry will and have suffered a short term major hit. All that changes in 30-60 days.
The last 1/2 of the year will be a continuation of the massive growth we were experiencing because of the above.
UNLESS, somehow the virus magically morphs into killing millions of people. Place your bets accordingly and on FACTS