June. There are segments of this economy that were very strong before the pandemic and they are resuming their strength. There are other ones that are just plain baffling. I think we are all surprised that retail is doing better, but then we remember target, walmart, costco, these places added people and then the incredible one, the only sector that really seems to be being heard is the one that has the social distancing problem which is restaurants it seems the travel and hospitality people are gearing up and i think that these numbers do reflect the reopening of some states that are now troubled, but i dont want to put a negative gloss on this these are just very strong numbers and we are not where we thought we were or we would be, say, eight weeks ago we had a Strong Economy before, were seeing the strength again. So is this kind of number an Apple Closing Stores number or is this a disney still on track to open in july number well, i think these are numbers where we really felt th
How fast this economy will recover. We debate that today with our Investment Committee its good to have everybody with us josh, is that what this is is this a reality check of sorts on where we truly are and how long this recovery will take hold then we have this massive count r trend rally where it was just the opposite i think that was important for the market to have that catch up in a lot of the names that have been so substantially trashed, maybe big moves to the upside. See some excitement about companies that arent based in coopertino and thats fine again, the prevailing trend, the real trend is taking hold again today. Even the stay at home stocks are rallying again it almost feels like its blue team, red team lets say blue team is where people have really made the most money and then red team makes money occasion mally when they do those counter trend trades. I do think we had a two month bubble in day trading activity i dont know if its over yet. Fie it feels like its burstin
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Years old and is continuing to expand and we know this from the Hubble Space Telescope its namesake edwin hubble calculated back in the 1920 s. That the cosmos was expanding but his calculations were very inexact the Hubble Space Telescope was to change that nearly 50 years after the astronomers initial discovery work on the telescope began and in 990 it was launched the Hubble Space Telescope has since revolutionized our understanding of the universe this year its celebrated 30 years in space and its still one of the most important instruments in astronomy. The tarantella nebula in the large Magellanic Cloud its a vast region of gas a stellar nursery giving birth to new stars. And this is the corrina nebula over 6 and a half 1000 light years. From. The Hubble Space Telescope captured these beautiful images of far reaches of the universe. Astrophysicist route fewer than has used hubble since it went into service he says it revolutionized astronomy. Its a High Resolution just a proof th
Its namesake edwin hubble calculated back in the 1920 s. That the cosmos was expanding but his calculations were very inexact double space telescope was to change that nearly 50 years after the astronomers initial discovery work on the telescope and in 990 it was launched the Hubble Space Telescope has since revolutionized our understanding of the universe this year its celebrated 30 years in space and its still one of the most important instruments in the strawn of. The tarantella nebula in the large Magellanic Cloud its a vast region of gas a stellar nursery giving birth to new stars. And this is the corrina nebula ever 6 and a half 1000 light years from earth the Hubble Space Telescope captured these beautiful images of far reaches of the universe. Astrophysicist rather fewer than detmar has used hubble since it went into service he says it revolutionize. Its destroying any. Its High Resolution just a proof that our universe is expanding and it makes other reading pace its an all th