all opened higher on Friday, with the Dow surging more than 300 points. Since the March 23 low, all three averages have bounced more than 30%.While the debate among health experts about how and when economies should reopen is ongoing, some states have already started easing shelter-in-place measures. A number of states including Florida began phase one reopenings on Monday.
"If job losses are concentrated in this segment [furlough], it would increase the scope for a more rapid labor market recovery when the economy eventually rebounds ," he wrote in a note to clients ahead of the report.At first the market sell-off was broad in nature as the uncertainty surrounding the coronavirus sent the major averages tumbling into a bear market at the fastest pace on record.
That said, Saccocia said a more cautious tone is warranted, since she believes it's a "misconception" that demand for consumer services will return quickly once government edicts lift.As the coronavirus wreaked havoc on markets, governments and central banks around the world stepped in in an effort to prop up prices.
"We estimate the impact of Fed easing in both rates and credit more than compensate for the temporary hit to corporate earnings when valuing the US market via discounted earnings," he added.As part of its stimulus measures, the Federal Reserve in March slashed interest rates to near zero. At the central bank's most recent meeting at the end of April, it pledged to keep rates at historic lows until the economy recovers.
Due to Fed actions the dangerous gap between the Financial markets and real economy is widening. the Overdose situation is being happened for the Financials of USA and also for entire world. EMs are gonna feel worse these awful actions' results. LostJobs RealEconomy MainStreet
Due to Fed actions the dangerous gap between the Financial markets and real economy is widening. the Overdose situation is being happened for the Financials of USA and also for entire world. EMs are gonna feel worse these awful actions' results. LostJobs RealEconomy MainStreet
Due to Fed actions the dangerous gap between the Financial markets and real economy is widening. the Overdose situation is being happened for the Financials of USA and also for entire world. EMs are gonna feel worse these awful actions' results. LostJobs
Due to Fed actions the dangerous gap between the Financial markets and real economy is widening. the Overdose situation is being happened for the Financials of USA and also for entire world. EMs are gonna feel worse these awful actions' results. LostJobs RealEconomy
It’s a no brainer , the market knows when given a choice between American people and American corporations , American government will choose the corporations every time and twice in a crisis
When shares are purchased the value goes up 💁♂️
Due to Fed actions the dangerous gap between the Financial markets and real economy is widening. the Overdose situation is being happened for the Financials of USA and also for entire world. EMs are gonna feel worse these awful actions' results.
Due to Fed actions the dangerous gap between the Financial markets and real economy is widening. the Overdose situation is being happened for the Financials of USA and also for entire world. EMs are gonna feel worse these awful actions' results.
They didn’t “just” lose their jobs. They lost their jobs a couple months ago when the country shut down because of this pandemic. Stop with the click bait. This is no surprise to anyone. This story is two months old and the total number is higher many can’t file.
money printers by drumpo, birrrrr
Let's see. Maybe because CNBC's effort to topple the presidency is not enough?
Look at the data and how many were fired vs temporarily laid off. Also you need to look at the type of jobs, low wage vs. higher wage. The numbers today will also be the highest you will see and next data point will be improved. Markets live in the future.
A meteorite the size of Manhattan is going to hit the earth. Why do you think the UFOs 🛸 are flying around. To warn us!🙄 Someone Please explain👇😲 US Navy's controversial 'UFO' videos released online
Because other countries , as well as ours are starting to unlock their economies. Market will bump up and down but the worse is over . It’s got a ways to go don’t act like it’s up dramatically.
Because the market is geared to the rich making money not the poor buying?
The market is predictive. Investors want to buy in before businesses take off. The labor market is reactionary. Employers want to see sustained need before expanding the workforce.
Lower overhead.
It tends to be a forward indicator
Ask your Fake POTUS
because MARKETS ARE SPECULATIONS. like faith that the economy will rebound BIGLY!!!
Because the jobl loses have nothing to do with the economy.
It’s a fraud. A farce that doesn’t represent anything stemming from the reality of what the citizens are dealing with. It’s how rich people feel from day to day, profiting off of our pain.
This shows market and actual economy of country have no correlation
moral decay?
Due to the widening gap between the Financial markets and Global real economy, The Overdose situation is being lived for the Financials of USA and entire world. EMs are gonna feel worst these actions' results.
Market is made for companies and people who work for companies and stakeholders of companies. A lot of jobs lost, yeah, we no worry about labor costs. what opportune time to replace people with AI and automation. Ka ching.
Welcome to the Magic World of the Fed? Alice in Wonderland? Let's enjoy while we can.
1. Print money 2. Buy stocks and bonds 3. Tell workers the pandemic is over, ending unemployment benefits 4. Indemnify companies from liability when employees start dropping dead on the job It's sick as fuck & gonna cripple the country but there's your stock market recovery
Ponzi scheme
If the market goes down the wealthy lose. So the federalreserve rigged the markets to keep going higher while the average man slides further into poverty. If only your slave masters would rig the economy to improve the lives of the masses instead of the few?
It's up because of the FED artificially manipulating it. It's going to come back down again in the really near future, because the smart traders/investors aren't going to keep their money in the markets on the next downtrend.
Pander that bullshit. Help Satan's bookkeepers continue the retirement fund Ponzi scheme.
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Source: BusinessInsider - 🏆 729. / 51 Read more »