Dock Treece

Dock Treece Friday April 17, 2020


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Friday, the DOW was up a very small number yesterday. We were lucky stocks were not down given the reports that can out yesterday.
Jobless (new) claims rose 5.25 million, housing starts dropped 400 thousand and Philly business outlook dropped to the lowest level since 1980.
Funding is exhausted for the small business Paycheck Protection Program. Now what?
Ohio unemployment fund may be exhausted by June.
Now the good news. Overnight it was reported the Gilead Sciences has developed a drug that has shown to be very effective in treating COVID -19.
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Dock TreeceBy 1370 WSPD (WSPD-AM)