Friday, May 29, 2020

MARKET UP ... WILL IT HOLD?

by Bob Walsh

The DJIA closed above 25,000 on Wednesday for the first time since the plague began.  Things are looking up in general.  There are several bio-tech firms that seem to think they have a handle on an effective Covid-19 vaccine or treatment.  All 50 states have some level of return towards normal economic operations.  Even Dr. Fauci seems to think (or at least SAYS he thinks) that a second wave of the virus is far from a for-sure thing and, even if it does occur, is not necessarily going to be very bothersome.

Trump has already said that even if there is a second wave he is not going to shut down the country again.

Maybe it's just me (actually I know it isn't just me) but I get the distinct feeling that there are a fair number of liberals out there who would be happy to crash the country's economy if it meant that Trump would not get a second term. 

1 comment:

Trey Rusk said...

Nevada is opening up casinos on June 4th. I will be in Lake Tahoe soon. South Lake Tahoe, California which is across the street from Harrah's says stay out. I will.