Friday, May 8, 2020

NFP: 20.5M jobs lost in April

bringing unemployment to 14.7% .. imagine it was in 3s in Jan - pre-corona

& for those who are wondering why the stock market is not going down .. well, where do you think all that free money that govt. is sending is going ..! 

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US debt has grown to 40T ...

but WS is silent .. no reaction by bond markets ..! although has risen to 5.3%