Cliff Notes - Starship S&P500 Blasts Off
June 9, 2020
In This Week's Update:
-Elon Musk's SpaceX had the 1st private, human space launch ever last week, with NASA astronauts Doug Hurley and Bob Behnken taking the S&P500 with them apparently.
-Stocks rallied hugely Friday on an unexpected decline in US unemployment, which despite some grumbling, clearly showed improvement
-The stocks in sectors pummeled the worst so far this year (leisure, hospitality, energy, gaming) all saw eye-popping gains during the week
-Measures taken to control the virus are gradually being eased in many developed economies
-May's data suggested the worst of the contraption may be behind us, but we see a bumpy restart in coming months