The current goal of most leaders around the world is to minimize infection, minimize death, and minimize economic hardship. America is reopening, state by state.
Weekly Market Commentary
The stock market is not the economy.
There are signs COVID-19 may be in retreat. The Centers for Disease Control reported, overall in the United States, for the week ending April 25 (officially week 17 of the coronavirus), the number of:
We live in interesting times. Whether that is a blessing or a curse depends on your focus and outlook on the future.
Major U.S. stock markets moved higher last week and expectations for future volatility moved lower.
However, last week’s economic data was about what you might expect in the midst of a pandemic:
Why did the stock market do so well last week when the COVID-19 pandemic has yet to peak?
“Toto, I've a feeling we're not in Kansas anymore,” said Dorothy in The Wizard of Oz. Today, many of us understand Dorothy’s trepidation and uncertainty better than ever before.
The United States set some records last week.
First, we became the epicenter of the COVID-19 pandemic. Popular Science explained:
Last week was one for the history books.