---
title: Market Thoughts for May 2020 [Video]
description: Despite the economic damage in April, the markets expect a recovery in a year. Commonwealth CIO Brad McMillan discusses this and more in his latest video.
---

[The Independent Market Observer | Outlook. Opinion. Insight.](https://blog.commonwealth.com/independent-market-observer)

# [Market Thoughts for May 2020 \[Video\]](https://blog.commonwealth.com/independent-market-observer/market-thoughts-for-may-2020-video)

 Written by [Brad McMillan, CFA®, CFP®](https://blog.commonwealth.com/independent-market-observer/author/brad-mcmillan-cfa-caia-mai) | May 4, 2020, 4:20:03 PM

In April, U.S. markets were up by double digits. Still, the economic damage continued. Millions of jobs were lost, and businesses shut down. But we did see progress. The spread of the virus slowed, and testing increased. Plus, federal stimulus provided funds to individuals and businesses. The markets noted these improvements, bouncing back in April. In fact, the markets expect a full recovery in about a year. Are they right?

Stay tuned to my latest [Market Thoughts video](https://contactmonkey.com/api/v1/tracker?cm_session=4d00e73a-a8dc-4289-b6f1-69f577cb2a66&cm_type=link&cm_link=2d10610d-205b-475d-8b20-87c3aed897c9&cm_destination=https://vimeo.com/channels/966267) to find out.

[View full post](https://blog.commonwealth.com/independent-market-observer/market-thoughts-for-may-2020-video)

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