Good news Wednesday, stocks were up yesterday even after giving back half of the gains seen early in the day.
Most of the good news yesterday was not in stocks but in real estate (see attached article) and an article on MarketWatch.com that hedge funds are buying gold to protect against massive money printing by governments around the world.
News is starting to leak out about companies involved with travel and entertainment. Hang on you may be shocked.
State and local governments are going to have to cut budgets and it will not be pretty. The law of unintended consequences is about to hit a group of governors who never analyzed the impact of shutting down their economies.
A listener has a question about the 'lakers' and I don't think he is referring to the L.A. Lakers.