The News Cycle

The coronavirus and every aspect of its growth or retreat continue to be red meat for the news writers and broadcasters. 

Last week, stocks responded broadly to an eventual recovery, yet acknowledge that the path is still challenging. Several noted forecasters predicted May as the likely end of the deepest recession in a century. If the forecasting is on track, the recovery is probably underway now. Adding even more momentum is the Fed's firm position of supporting the economy and the credit markets.

More frosting on the cake could come in June with the arrival of an additional $1 trillion in stimulus being provided.

For the moment, we have plenty of reasons to be enthused. Good news and great news can travel as fast as any pandemic! What a great country we have to circle the wagons, protect our people and rebuild our economy.