Odds are the stock market comes back, CARES put in a decent amount of backstops for things like the mortgage industry and other 'big' sectors do they'll have available capital as we come out of this to start doing things that make their stocks more attractive. Also generally speaking good odds that industries like airlines and such can successfully lobby for more bailouts. So I buy the S&P will be up and we'll just all be ignoring the total gutting of small businesses.
Plus if say you're a chain restaurant right now, the future probably looks bright. You had the credit to weather a year of takeout only. Meanwhile three of the four family restaurants nearby that you competed with are dead and gone.
Basically very few folks who trade on the S&P went out of business, but a lot of their competitors did. Sure you'll have an entire cohort of newly impoverished that can't spend, but a bunch of your competitors went away. Going to be one of those summers where my ETFs are going up at the same time the food pantry is seeing record usage.
I've lived that life with Datadog. I was the dev who was the most into logging so I got voluntold to be in charge of the Datadog rollout. Told everyone it was not a good idea and presented cost estimates to why, we're better off just keeping our own logs and using one of many open source projects that let you pull in logs and analyze them. But all the cool kids were on Datadog, so onto it we went.
What killed us was the combo of the desire to really aggressive log on the staging-master and release-candidate environments (five envs total) and keep the logs for more than 7 days so the QA team could compare the logs from the current release candidate to the previous release candidates. Between the volume of having all the services set at the info level and the desire to keep it more than 7 days, Datadog was >30k a month.
Which at least finally got me permission to set up an open source log manager and switch everyone over to that. Once the initial panic over the Datadog bill died down.
Plus if say you're a chain restaurant right now, the future probably looks bright. You had the credit to weather a year of takeout only. Meanwhile three of the four family restaurants nearby that you competed with are dead and gone.
Basically very few folks who trade on the S&P went out of business, but a lot of their competitors did. Sure you'll have an entire cohort of newly impoverished that can't spend, but a bunch of your competitors went away. Going to be one of those summers where my ETFs are going up at the same time the food pantry is seeing record usage.