At this point, if I had $50k to burn I'd buy $SPY puts. We're nowhere near the bottom with cases skyrocketing by the day.
https://www.arcgis.com/apps/opsdashb...23467b48e9ecf6
Over 30,000 confirmed cases added just today. Spain has 10k fewer cases but 1700 more deaths, and we have a bunch of idiots from Florida and such just coming home off of spring break, soon to infect their communities and families. We're running low on medical supplies, and universities / hospitals across the US are building makeshift stations in parking garages, stadiums, and auditoriums in anticipation of an increase in patients.