Through a window brightly
-The recession has begun. Architects are beginning to feel the sting and mass layoffs and firm collapses are inevitable.
-The hammer blow of the virus will fall hardest on the state of Florida. The healthcare systems of Miami, Tampa, and Jacksonville will be overwhelmed. The re-election prospects of DeSantis may be diminished if the body count gets too high. Social distancing measures cannot be implemented after the fact to prevent any of this.
-Boston is starting its climb up the death ladder. Deaths are less important than hospital overload, but media focus will be dominated by the personal stories. Also, access to facilities will be constrained.
-The Dow is doing some dead cat bounces.
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