Welcome to Money for the rest of us. This is a personal finance show on money, how it works, how to invest it and how to live without worrying about it.

From your host David Stein today is episode 310.10. It's titled, Why the Stock Market and Economy

are rebounding so quickly.

Last week, Lopril and I and our daughter drove 20 miles from our house to hike the Cascade

Creek Trail in the southern part of Yellisto National Park.

It went to Tarriss Falls along the Fall River.

Took about two and a half hours.

We saw six people the entire time.

But then we decided to take the long way home

through Grand Teton National Park.

And I was absolutely amazed how many people there are.

When we drove past the Jenny Lake Lodge and Visitor Center, the parking lot was full and there were cars parked along the main highway. Dozens and

and dozens and dozens of cars. I have never seen this many campers and

and RV's in this part of Idaho.

In some ways it doesn't feel like a recession.

A recession is an extended period of economic contraction.

When the dollar value of goods produced and services provided within an

economy is shrinking. Of course it especially doesn't feel like a recession

given the S&P 500 index a measure of U.S stocks has closed near an all-time high.

I talked about that aspect a few episodes ago in an episode title the stock market is not the economy but the

economy is also different during this recession than it was during the great

financial crisis.

...