Wednesday, May 20, 2020

SOME GOOD FINANCIAL NEWS

by Bob Walsh

On Monday the DOW jumped over 900 points. It is nice. It will be nicer if it stays there, and eventually moves higher. It is generally believed that a combination of more states reopening their economies and the hope (if not the expectation) of a sooner-than-expected vaccine is pushing things along.

Considering that 100 days ago we were wondering when the DOW would hit 30,000 I am not going to jump for joy yet. That being said things are looking up, even if they are not yet looking wonderful.

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