This podcast is produced by KPP Financial, Steve Peasley President,

KPP Financial, Independent thinking, shared success.

And now today's podcast.

Good afternoon fellow investors and welcome to Invest Talk. This is our

Thursday, May 14th, 2020 edition of Invest Talk and we're opening it. Economic activity is

resuming in parts of the country in phases. I know I see it around here a lot more

traffic. felt feels relatively normal least on the roads

So that's definitely good. It's not really put I don't think people are I think people are tired of staying in their homes at this point and overall that

that's a good thing now there are mandates around how companies can reopen

which ones can reopen, and the capacity.

And so all this uncertainly definitely

is a continued drag on economic activity. And thus, that means you're going to see market

volatility and you've seen that over the past few days. Tuesday and Wednesday

strong down days started the day today much Tuesday and

not a day.

not a day today much lower but we rallied through the end of the day and not a shock here. You know I think you're starting to see this next level, this next phase of the market

and the economy, right? We're past or getting past the shutdown phase and we're now entering the

reopening phase in the general economy, but now we're entering what I call the insolvency phase of the general market.

And you've seen that, the JCPenney file, I know they're on the brink of filing, they've missed debt payments, and I believe they missed some rent payments. They didn't miss their million dollar bonuses

to their executives, but, you know, of course,

the executives are definitely gonna get that.

But, you know, they're pretty much

...