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Jobs Worst in History but A Big Light Ahead

May 15th, 2020 | Leave a comment.

The impact of the coronavirus-induced economic shutdown tore through the U.S. labor market in April at historic levels, slashing 20.5 million workers from nonfarm payrolls and sending the unemployment rate skyrocketing to 14.7%, the Labor Department reported Friday. Both numbers easily smashed post-World War II era records and help reflect the profound damage done through […]

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Third time’s a Charm?

May 14th, 2020 | Leave a comment.

For a third time this week, Futures have signaled advance. In the last tow sessions though, the market opened differently and at the final hour or so the market sagged. Will it happen again? Dow Jones futures rose 1.15% vs. fair value. S&P 500 futures climbed 1.35%. Nasdaq 100 futures advanced 1.30%. China trade data […]

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