These unemployment projections are off the charts, truly unprecedented. According to the St. Louis Fed, the unemployment rate could reach 32% (47 million workers laid off) in Q2: https://www.usatoday.com/story/money/2020/03/30/coronavirus-unemployment-could-top-32-47-million-lose-jobs-fed-says/5091156002/

Somehow the stock markets remain buoyant, hovering near last week's highs, even as the death and unemployment projections get worse. Are we near an inflection point, on the cusp of a bearish reversal? Or will the relief rally continue?