Pick your poison "Fear or Greed"

Being a financial planner, I have been through five or six recessions and market declines since I opened my doors in the seventies. I stayed on the course during my business lifetime, no matter what the economy has done, up or down. Looking at history over hundreds of years, this is par for the economic course. In the last six to eight weeks, the number of unemployed, reaching over thirty million, is unbelievable to me, and it is hard to imagine that this number will reverse dramatically. There will undoubtedly be a shakeout, and jobs will not be exposed. New jobs will be created, and efficiencies will emerge, i.e., people might eat out less with new products such as Skype, Zoom, Ring Central, and Uber, which will reduce face-to-face meetings and travel will be reduced, for example. Just take those two items and the jobs that will be affected by the airlines.
When I first got out of high school, I got a job in a chicken ranch, and it was my task to take care of thousands of chickens. I was all alone for hours with these chickens, and being just out of my teens, I thought it would be entertaining to make a loud noise by screaming at the top of my lungs to scare the chickens. What came next surprised me was that the chickens simultaneously stopped "cackling," and it would take the chickens hours to start "cackling" once again, first starting with just a few brave chickens, and soon the whole hen house followed.
Over the years, I have worked with many retired individuals raised during the Depression. Their pocketbooks were different, as they saved every penny, unlike the generation that followed.
I discovered early on that two emotions drive the economy: fear and Greed. This all but sums it up: Fear is the stronger of the two.