Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life.

Hello and welcome to today's COVID and market submissive, brought to you by the Dividendon Cafe of the Bonson Group is David Bonson.

It's Monday, June the 8th.

The market rallied another 460 points today. It was up over 200 most of the day and then

rallied a hard at the end of the day yet again. The S&P 500 actually closed back where it started

the year. Now, even on the year, not quite to, it's all-time high because, of course, the S&B had

been up earlier in the year.

But my point being, the S&P is now flat on the year.

The Dow is a little more work to do, but regardless, the whole thing is surreal as we're sitting at a Dow level

above 27,500. On the health data side, the numbers are more or less a broken record. I feel like

I'm kind of saying the same thing every day. Case growth is just a hair over 1%.

Absolute case growth right around 20,000.

And yet testing is up 15 to 20%.

And then the positive ratio of test is coming back in between 4% and 5%,

which it did yet again today.

It was, let's see, 4.27% positive today, and that was on 380,000 tests.

So the numbers on the health side are good, and they're just very steady.

They're not changing a lot. New cases have been flat for,

for, I don't know, two, three weeks, I believe. And yet those hospitalizations continue to

decline. The recoveries continue to increase. So where some folks are expressing some concern, and I don't want to belittle it, but I do

want to unpack it a little.

I did a lot of research on this this morning.

...