Historically Grim Job Report Drives Markets… Up?
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Eleven years of growth vanishes in one month… along with 20.5 million jobs.
Check this out: April 2020 is officially the worst month in terms of job losses since 1948 -- when we started tracking this figure.
The toll this health pandemic is having on our economy is historic -- we are seeing Great Depression level numbers during a time the United States should have been thriving...
Yet U.S. markets still opened higher for a fifth day in a row (despite all the grim data).
In today’s video I’m also covering why the Nasdaq continues to rise… unemployment factors driving interest rates… and earnings update on S&P 500 stocks.
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