[Farm93]

but if we can somehow get through the winter, we may be in a decent position going forward.

Herd immunity?  half joking.  Are you referring to the introduction of a vaccine or something else?

And yeah, I'm very surprised by the numbers...then again I'm no economist nor do I dabble in such areas.

Generally speaking, my sense is that Tech sector marching on, almost without skipping a beat.  Lots of older, people-driven industries . . . ouch!

Tech sector will be fine, perhaps even great as COVID may accelerate the decline of traditional/legacy approaches to business.

Those in Europe and America working in the service, travel, hospitality and tourism may not find the winter easy to endure.

My kids have destroyed their keyboards and mice over 8 months of near full day use, so I zipped off to my local Fry's Electronics for a fast replacement today.   I know Fry's has been in decline, but I drove into the parking lot and seriously thought the store might have been out of business.   A parking lot that routinely had 50-100 cars just 12 months ago, had 8 cars.   That's it, 8 cars.   I really thought they were the vehicles of those bankruptcy tear down crews.   At checkout there was only one cashier, this from a store that had 30+ registers.   I just can't imagine my local Fry's will be open in January 2021.

The Q3 GDP results were very helpful.   It would have been devastating to dump all that money into the economy and then still see declines.   It will also make it a touch more likely some companies and industries will be able to endure the dark winter on our horizon.

More stimulus for the dark winter would have been nice, but pretty confident we will see something for those hardest hit by COVID in February 2021.  Hardest hit probably would include unemployed, underemployed, lost home, lost company, and public schools with clear COVID19 mitigation expenses.

[Farm93]

but if we can somehow get through the winter, we may be in a decent position going forward.

Herd immunity?  half joking.  Are you referring to the introduction of a vaccine or something else?

And yeah, I'm very surprised by the numbers...then again I'm no economist nor do I dabble in such areas.

Generally speaking, my sense is that Tech sector marching on, almost without skipping a beat.  Lots of older, people-driven industries . . . ouch!

Tech sector will be fine, perhaps even great as COVID may accelerate the decline of traditional/legacy approaches to business.

Those in Europe and America working in the service, travel, hospitality and tourism may not find the winter easy to endure.

My kids have destroyed their keyboards and mice over 8 months of near full day use, so I zipped off to my local Fry's Electronics for a fast replacement today.   I know Fry's has been in decline, but I drove into the parking lot and seriously thought the store might have been out of business.   A parking lot that routinely had 50-100 cars just 12 months ago, had 8 cars.   That's it, 8 cars.   I really thought they were the vehicles of those bankruptcy tear down crews.   At checkout there was only one cashier, this from a store that had 30+ registers.   I just can't imagine my local Fry's will be open in January 2021.

The Q3 GDP results were very helpful.   It would have been devastating to dump all that money into the economy and then still see declines.   It will also make it a touch more likely some companies and industries will be able to endure the dark winter on our horizon.

More stimulus for the dark winter would have been nice, but pretty confident we will see something for those hardest hit by COVID in February 2021.  Hardest hit probably would include unemployed, underemployed, lost home, lost company, and public schools with clear COVID19 mitigation expenses.