A lot of stuff has got inverted by covid-19. Harsh Goenka, chairman of the RPG Group, put it best in a tweet earlier this week. “A bull market is when you get share market tips from your barber," he tweeted, “A bear market is when you get a haircut from your fund manager." Unless you’ve been living under a rock… oh, wait, let’s modify that: Even if you’ve been living under a lockdown, it’s clear which kind of market we’re in.
Except a few in possession of luck and genius in some mystery combo, most of us should expect this crisis to snip our investments.
That, however, is not the only sort of haircut we’re in for. With access to hair-styling saloons cut off by stay-home orders, we’ve been left to mow the mops on our heads all by ourselves.