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

KPP Financial, Independent Thinking, shared success, and now today's podcast.

Good afternoon everybody and welcome to Invest Talk. It is Friday, May 22nd,

2020 and at this point all 50 states have permitted reopening in various stages,

and to varying degrees, so far.

So all 50 states are now starting to try to claw back some of that economic growth we had to try to

get out of the hole we dug ourselves in and at least it's to start everybody. The economic number still looked pretty bad but it

looks like the bottom came in April okay? Doesn't mean we're still not shrinking. We are, we are in May, but the

leading economic indicator came out today and it's kind of pointing, it's not as

bad as it was last month.

The market PMI came out for May this week and they weren't as deep

as they were the month before either or April.

So we still have about 39 million people unemployed.

And by the way, that's 10 times a number before the COVID-19 caused us to voluntary shutdown the economy.

10 times.

Of course, this developing situation has created a good deal of uncertainty in the market.

We've seen lots of volatility. I think we're going to see more, both up and down.

And as an investor, here's an important question you should ask yourself, a question that you know other traders are

certainly debating. When our economy gets back to speed, what will it look like?

The COVID-19 crisis have been and may continue to be transformational, meaning certain industries may never recover

fully or may be reconfigured to conform with a new normal kind of lifestyle.

Can't you see some of that change and be permanent?

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