I did some back-of-the-envelope calculations yesterday to see what my YTD returns are for my portfolio
As of yesterday, my invested portfolio is down -11.8% YTD (excluding contributions). Before the Friday bounce it would be more like -16.2%. I'm pretty conservative with a 72/25/3 (Stocks/Bonds/Cash) AA at the start of the year.
Which, all in all, is not that bad. Of course, I don't believe for a minute that the (financial) pain is over. I think we're going lower than we went last week, possibly by a lot, as the reality of the impact sets in.
The economies of every city and town in the country are going to be hit hard when all the people whose livelihoods are based on social interaction are no longer able to make ends meet. Add to that the global trade impacts on both supply and demand and an oil price war as the big cherry on top.
However, as bad as I think it will get, it also seems like something that we can get back out of within a reasonable period (maybe 12 months after the pandemic abates, so 15-18 months from now). Unfortunately, the government spending that is going to be necessary to keep things afloat for the next few quarters is going to add to the already crazy debt problem. Long term that's got to start hurting eventually.