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Hi, I’m your host Caleb Lawrence in sunny Santa Cruz, California with today’s Market Bull financial update for May 7, 2020

Despite a continuous parade of very negative economic data the major averages march higher as the recent Covid-19 decline disappears as fast as it appeared. While nothing goes to hell in a straight line you have to wonder if the current rally’s optimism is overly enthusiastic or actually warranted, as the consensus seems to be that the whole coronavirus thing is way over blown and a big nothing burger. Time will tell it always does, but I certainly wouldn’t dismiss this as nothing.

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