Blowout jobs report justifies stock surge, bond market sell off

Consumer staples, communications services and health care, groups that rose when investors bet on a stay-at-home trade in March and April. Stocks likesurged when investors bought companies that would benefit from people staying at home. That stock was up just 0.04% Friday.

"This jobs report is great news. It suggests people are getting their jobs back, but you still have a long way to go. You have tens of millions of Americans that are still unemployed," said Ed Keon, chief investment strategist at QMA. Keon said the rise in bond yields is good news for the markets. The economy still has a long way to go now that it appears to have bottomed. The number of unemployed Americans remains large, with 21 million people still out of work in the May report, a number that lines up closely with the number of people receiving unemployment benefits in the weekly continuing claims data. In the past 11 weeks, 42.6 million claims have been filed for unemployment benefits.

Yeah US going to be bankrupt much sooner than anticipated with rates rising rapidly

Look at all the folks who are now thinking the low inflation of the past decade is the new norm. Get ready

America Is already back I missed my chance

The jobs numbers are people who were temporarily furloughed and just went back to work. He's taking credit for shutting the country down when he ATTACKED states that shut down. And he just thanked 'Jared', not Fauci, or Birx.

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The bond market appears to be signaling the worst is over for the economyBonds have caught a bit of the stock market's optimism and are selling off on the idea that the still struggling economy has bottomed. hahahaha Hope you are right. It's not just wait and see
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stock market live updates: Futures up again, big gains for week, jobs report loomsA conversation about the latest market-moving news. Airplane air is NOT clean!! It is recirculated air Mr Diller! Stock futures move off better than expected guidance? Mostly eco data coming in beating estimates? Must not be priced in. Buying the dip MOST EMAILED STORIES on Bloomberg News:
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Global Stocks Tread WaterInternational markets were little changed, with persistent concerns over the pace of economic recovery tempering investor appetite after a recent rally. Dead man's walking And I give two shits about this why? No need to worry. America is back to work. No need to sit at home and wait out a fake pandemic. The Blue Governors that forced people to stay home from work or lose their jobs due to Covid, have proven this past week that it was all a JOKE. America is back.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »