Global stock markets are slightly higher today despite Thursday’s negative U.S. jobless claims report and poor economic data.
The Labor Department reported Thursday that first-time filings for unemployment benefits reached 861,000 last week, instead of the 768,000 originally expected. That’s almost as many people applying for unemployment as there were 11 months ago when COVID-19 first hit.
Think about what this means for the economy…
In today’s video, I will show you the single Federal Reserve report that’s throwing a wet blanket on the stock market… whether Japan’s economy is heating up or cooling off… and the top stocks the fastest-gaining hedge funds are buying and holding right now.