Good Afternoon,

I hope all the moms out there had a wonderful Mother’s Day with their loved ones.

I cannot believe that May is almost half-way over and we are fortunate to hear the term “opening” as opposed to “closing” more often now. This takes California deeper into Phase 2 of Governor Newsom’s plan to reopen the economy. Some industries are allowed to reopen (with modifications) everywhere throughout the state, as long as they meet county standards. These sectors include retail (for curbside pickup), manufacturing, logistics, childcare facilities, offices where people can’t telework, car washes, pet groomers, landscapers and outdoor museums. We are starting to see the light at the end of the tunnel.

In other happy news, Shanghai Disneyland in China, one of the happiest places on Earth, opened up their park on Monday, May 11th, after being closed for over three months. To keep visitors safe, new protocols are now in place for admission to the park. Walt Disney World in Florida will do a partial reopening of Disney Springs, their shopping and dining district, on May 20th and will begin taking ticket reservations July 1st. Hopefully, Disneyland Resort in Southern California, will follow in their footsteps.

Although many Americans have been laid off or furloughed, due to the crisis caused by the Coronavirus pandemic, numerous large companies are hiring to keep up with consumer demand. Some key employers are Instacart, Amazon, FedEx, Netlflix, General Motors, and Nestle USA that are offering a variety of roles and opportunities. It is also worth noting that job losses in America seem to be slowing, as unemployment claims have dropped.

If you haven’t already done so, please call (888) 253-0288 or email your wealth manager to schedule a GoToMeeting review. Click Here to view a tutorial on how to join a virtual meeting.

As we have done in the past, when faced with challenges, our company and our community will come together to care for one another.

With appreciation,

Rhonda Ducote