I expect this bump to be a dead cat bounce. Some people rushed back in thinking the bottom was passed. I think there will be a new bottom in the next 6 months. However, the companies that do survive this pandemic will be even stronger and more valuable. The FTC will allow all kinds of M&A activity when it should be going to bankruptcy instead. If people think Tech and FAANG dominated before, you ain't seen nothing yet.
What would cause it to crash down again? Seems like virus spread is slowing and were not going to see the insane number of deaths being predicted during last crash. Travel industry might be hurt for a year but most people will likely just have an even bigger vacation this winter or next summer
No one can know, but a lot of business won't recover. That means sustained unemployment for a long period of time. I think it is not fully understood how interconnected small businesses are. Those unemployed people are don't have money to support a bounce back of other business. We'll see how 2020 plays out.
