Stocks have plummeted across the board. We are going to go into a recession. Everyone is going to die. Or not.
The simple fact is this too shall pass. For now, good firms with solid incoming cash flows, and bad firms with unserviceable debt and troubled cash flows are being treated roughly equally. Knowing the difference never had more value. About the only type of firms everyone agrees have become more valuable are those that directly benefit from the COVID-19: drug firms (Arcturus (ARCT)), disposable mask and gown suppliers (Alpha Pro Tech (APT)), work and