The Celeri Journal #83: The Great Reopen

Written by Michael

On May 27, 2020

Global Markets Recap

Out of nowhere, small businesses are “back”. My dentist Dr. Richard DiVerde – the funniest & greatest dentist there is – opens June 1st on Michigan Avenue. Financial services firms in New York City are being told they’re virtually “essential” businesses & the widespread expectation is many will be returning….at some point. Date unknown still; it’s not looking like never. Do you mean this entire shutdown may have a real end date? What a relief.

One of the big questions is how many businesses will reopen & what percentage of former staff will be brought back. How many new companies will be formed & what number of temporarily-shuddered firms will remain closed for good. All of these are questions without firm answers at this time; but with not-so-insignificant trepidation, workers are expected to trickle back into downtown office buildings – & throughout parts of the country – sooner rather than later. We’ll see how it goes.

The NYSE opened for floor traders, and stocks – er, computer programs – went ballistic on their return. It’s happening, folks. Maybe it took Joe Biden coming out of his basement to send a message to us all we can’t remain shut-ins forever. It just won’t work that way. There’s risk in getting out of bed every morning; there’s risk staying in bed every morning.

Limited preview. Subscribe below.

You May Also Like…

The Celeri Journal #110: The V-Shaped Recovery

The Celeri Journal #110: The V-Shaped Recovery

Global Markets Recap Proponents of the "V-Shaped" recovery (& equity bulls) are winning as some 5 million Americans went back to work - with new jobs - in June. The unemployment rate fell to a respectable - given where we were - 11%. Coronavirus is still here; but...

read more
6 Small Business Loan Types for Business Owners

6 Small Business Loan Types for Business Owners

As a small business owner, you may have a dream of your enterprise growing into a large corporation or a publicly listed company. However, expanding a company needs more capital to pay additional expenses such as new employees' salaries and other operating expenses....

read more


Submit a Comment

Your email address will not be published. Required fields are marked *