Farm Direction Mail - GOOD MORNING: The Van Trump Report 5-22-20 8/10/20, 9:58 AM Jordan Van Trump <
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[email protected] “In the end these things matter most: How well did you love? How fully did you live? How deeply did you let go?” ― Jack Kornfield Friday, May 22, 2020 Printable Copy or Audio Version Morning Summary: Investors could become a bit uncertain into the extended Memorial Day weekend as China moves to tighten its grip on Hong Kong reigniting concerns over trade tensions and mass protests. Here at home, the number of unemployed Americans surpasses +38 million yet the Nasdaq is in positive territory for the year. Bulls continue to argue that as each day passes we are one step closer to treatment and a vaccine. At the same time, central banks around the world are offering up even greater economic stimulus. The most recent Fed "minutes" and rhetoric suggest even more QE will be coming in the days and weeks ahead. Most inside the trade suspect money will remain cheap with interest rates near record lows for the next couple of years. Oil prices have gone from being a serious headwind to more of a tailwind as they rally to levels not seen in a couple of months. The sharp supply cuts and improving demand is helping the overall crude oil landscape.