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Midtown detroit. However from the downtown area in detroit. Were eight or nine miles. Downtown is one district, as they say now in detroit, and midtown is the next district after that, and years ago, new center was created like another part of the city, and that is another maybe five or seven miles beyond us. So were really right in the heart of the cultural life of the city with the universities, the library, the main library, the wayne state university, the health centers, and a lot of galleries and africanamerican museums, historical museum. So were in a wonderful cultural rich area of the city. I call it the heart of the city. And youre just a couple blocks off woodward avenue if people know detroit. One block off. I knew a little train that goings up and down the road and says one mile one block from woodward avenue and turn left and youre right with us. Allison, whats the last month been like for you at source book sellers . Well, we had to get used to having our doors shuttered ....
In case of s p 500 and whats happening and dow up better than 40 from that period. The dow hovering over 26,154, a little more than what, 3,000 points from alltime highs reached in february . It is a bit of a remarkable turn around here. We are on top of that. Were on top of promising signs when you hear mark zandi, the moodys chief economist who is now saying that the covid19 recession is over. That job losses are not as bad as feared. That he sees a pickup in jobs starting in this month. He was mr. Doom and gloom. If you want to be contrarian, run the other way on that. For him to say that this might be the worst that has come and gone, better days are ahead that is greasing the skids for more buying. Were following that. Following what is happening on the Interest Rate front as they pick up. Again it is really reflection of the improving global economy, keeping an eye on that. Keeping an eye right now on new york city and whethe ....
Janet, when did you start your bookstore . We started with our first incarnation in 1989, we just celebrated our 30 years of selling books in detroit and not that time we were vendors going to put people from showing up and into thousand two we joined a collective of three independent stores that share the space and in 2013 we moved into the space that we run now midtown detroit. How far from the downtown area are you in detroit. We are about eight or 9 miles, downtown is one district as they say now in detroit and midtown is the next district after that. Years ago a news center was created, another part of the city and that is another five or 7 miles beyond us. We are in the heart of the cultural life of the city with the universities, the library, the main library, the university, the Health Center and a lot of galleries in africanamerican museum, the historical museum, were in a cultural rich area of the city and its really the ....
In 2013, we moved into the space that we are in now. Midtown detroit. How far from the downtown area are you, in detroit. Eight or 9 miles. Downtown is one district, as they are saying now, in detroit. The next district after that. Years ago, new center was created, and another part of the city. That is another five or 7 miles up beyond us. We are really right in the heart of the cultural life of the city with the university, library, main library, wayne state university, the Health Centers in a lot of galleys and africanamerican museums, historical museums. We are in a wonderful, cultural rich area of the city. Really, the heart of the city. A couple blocks off woodward avenue. I mention the little train that goes up and down the road. 1 mile. Not 1 mile, one block. You turn left and you are right with it. [laughter] allison, what has the last month been like for you . We have to get used to having our doors shut because of the c ....
Other sectors stepping it up. David that is what i am interested in this week is the u. S. Treasury issuance. We will have to borrow a lot more money. What you think that will do to the treasury market . Abigail today does not having much of an effect. Last week there was a big selloff. On the corporate side, there has also been a ton of issuance. It seems as if the markets are absorbing that supply. Lets see whether that continues. Certainly helping today, one sector that is doing quite well, the Health Care Sector outperforming, especially biotech. Cardinal health put up a good quarter, that has to do with druggist to big drug distributor, the fact they saw their sales boosted by covid19. Weve been talking about the gilead virus drug. It is a pitch scratcher it is a headed scratcher on that one. It lessens the time. It is not a game changer for the economy. A little bit of a popping. We will certainly be watching that debt i ....