Trump stock market rally continues; Dow hits new high

The 18 months is until we get a vaccine, which is aggressively optimistic. This is the worst case scenario.

A therapeutic might be ready by fall (6 months), which is also aggressively optimistic. I foolishly hoping for a therapeutic by the fall.

This whole flattening of the curve is not being understood by "the market". We have two options. The first is herd immunity is 2-3 months with millions dead. The second is to flatten the curve, which will slow the disease and gives us time to find a therapeutic or a vaccine. Flattening the curve means that we stick to social distancing as long as needed, 6-18 months.

Trump and by extension the market believe that once we flatten the curve we can all go back to being normal. Trump is an idiot, but we knew that.