I think we are going to see the scariest earnings numbers and guidance in modern history. How can companies even forecast with any confidence? Am I wrong? I hope so but we've never seen entire industries go from boom to bust in a month.
Look at the bright side! With no one driving, Allstate is giving refunds. I'll be calling my auto insurance asking them where my rate reductions are. And with everything closed, parks, schools, I damn well expect my city, borough and school taxes to be revised, or there will be hell to pay! How can there be any school tax with no schools!