Sunday, May 10, 2020

Stock Market Update: Week Ending May 8, 2020

The stock market is starting to look like it is on a recovery which is confusing for some considering the job market. The stock market is a future looking beast, and it may be telling us that it sees a recovery next year.

Will we have a roaring 20's similar to the recovery after the Spanish Flu of 1918 - 1920?

There are differing opinions, here are three:
  • No lessons to be learned. The DOW rallied in the Spanish Flu and WW1 was underway. (ETF Stream)
  • A balanced view. Decline then recovery (Trader's Magazine)
  • Lockdowns and other measures were common, masks were required. Market's bounced back (Motley Fool)

States are beginning to work on re-opening. (Business Insider)


A look at this week's CDC COVID map.

Cheers. Pickles.

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