What a long strange trip the last 45 days have been.

On March 12th, the VIX was approaching 90 as most of us began to lockdown in our homes for real.

I blogged that ‘selling exhaustion‘ of stocks had already set in. I was a buyer into the exhaustion.

The markets bottomed a week later and now many stocks have doubled and tripled from the lows.

The PPP went live April 3 while the money printers were dialed to eleven so Agent Orange could sign checks personally for Americans.

The VIX is still over 30 today, but with stocks there is more FOMO (fear of missing out) than fear of COVID.

The beaches are opening on Coronado.

There will be many unintended consequences of the money printing, the PPP and the countless new powers the federal government whipped up will start showing up over time.

I enjoyed the following reads that hopefully will offer some clues…

The big tech will get even bigger…I like professor Galloway’s take on Facebook, Apple, Google and Amazon.

Barry Ritholtz went back and did a bit of a history lesson with Chrysler’s bailout and Long Term Capital Management.

Yesterday, Michael Batnick looked at possible unintended consequences in the job market.

It is not just stocks shooting higher. Gold is up strongly. Weed consumption and the weed stocks are up. Bitcoin is up 10 percent this year as of this morning and the US dollar is up.

I’m driving around an empty Phoenix so it feels like 1980 from a traffic perspective but with 2020 infrastructure.

Just 45 days later and it feels like I may be the only one panicked about the next 45 days.