Hey guys it's your boy J.B back with a brand new episode of the new and

improved compound show let's do the disclaimer then I got a whole bunch of stuff

for you plus my interview with the co-founder and CEO of Public Yannick

Malling, do not move, there's going to be a lot of fun.

Welcome to the compound show with downtown Josh Brown. Josh is the CEO of

Rit Holt's wealth management. All opinions expressed by Josh or any podcast

guest are solely their own opinions and do not reflect the opinion of

Rit Holt's wealth management. This podcast is for

informational purposes only and should not be relied upon for investment decisions.

Clients of Ritt Holt's wealth management may maintain positions in the securities

discussed in this podcast.

Okay, it's Thursday, June 25th. The big thing that's happening in markets this week is the comeback of the virus.

The seven-day rolling average of new cases is back up to 28,000 per day, which is a lot. At the New York

City peak in mid-April we were something above like 30,000 cases. So the numbers are going up and they're going up all over the

country. Disney just announced that they're pushing back the reopening of

Disneyland in Anaheim because cases in California are surging. We're hearing about hospital

capacity issues in Arizona, the Houston area, you know all different areas of Florida. So the problem you're going to have now, even if you say,

whatever, we're still going to reopen the economy, it is what it is. Like, even if that you attitude and I hope it's not but you know there are people

that feel that way. The problem with that is that you can't make everyone go back out just

because you reopen. So that's something that people are going to decide to do on their own.

And if you live in a place like Florida or Texas or Arizona where cases are surging again,

it doesn't matter what phase the governor says we're in, right?

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