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Welcome to Phase 3 in Rhode Island: Bring Your Permission Slip

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Coronavirus Infects Stock Market: Part LXII

Welcome to Phase 3 in Rhode Island, where front-page news is “Weddings, Movies, Music (are) on with Masks,” and “A New World: Should the Columbus Statue in Newport be Removed?” Talk about pressing matters. You’re in Rhode Island now, where the governor has gone wild.

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That’s right, Gov. Gina Raimondo says let them eat cake! But, no weddings over 50 people indoors, and only up to 100 if outdoors. But, get this, if some people scheduled large weddings pre-pandemic, exceptions will be made if the state Department of Business Regulation is consulted. Meet the entitled crowd.

Hello? As if there aren’t other things to worry about. How about the gutted economy Gina? Anyone home?

News flash: Deaths from the China virus are down—way down. But that doesn’t stop the progressives from hammering away at the uptick in new cases. It’s as if they can’t wait for that second wave to crash the election. The new Biden lawn signs are face masks covering pursed lips as bulging eyes look down on you.

Welcome to Rhode Island, but read the small print: If you’re traveling from a state that has a 5% or higher test positivity rate, you are required to quarantine for 14 days says the governor—got that? People who can prove they have had a negative test in their home state within the previous 72 hours won’t have to quarantine. Will they need a permission slip from home too, Gina?

Welcome to the new world.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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