States re-open economies
States, including Alaska, Georgia, South Carolina, Tennessee and Texas, are beginning to allow restaurants and other establishments to serve customers. New York Gov. Andrew Cuomo said Sunday the state plans to re-open its economy in phases. The gradual re-opening of the economy lifted market sentiment,... 26 million plus people have lost their job. We've lost every single job that we created since the bottom in 2009."Casino, retail and bank stocks led the way higher on Monday.
Lives & livelihoods being lost HerdBehaviour in global markets -ve by over 50% MarginsofSafety DJIA NASDAQ “Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” - Charles Mackay
S&P500 only off 2.2% from this time last year. Does that make any sense given the current environment?