The stock market indicates faith in companies to be able to provide the jobs when the pandemic is over.
Remember when predictions were 20-25% unemployed?
But blame Trump, not the Wuhan virus pandemic.
I’m sure that millions of unemployed Americans are thankful that the stock price of major corporations have came back from their lows earlier this year. It really warms their hearts.
Please keep in mind the stock market being up doesn’t really have an impact on most Americans because most Americans don’t own stock. There is usually no impact especially if there isn’t any investments used in creating jobs.
So…who in here actually own stock or have a 401k or maybe a pension fund invested in the stock market?
I’m asking for a friend…
The dip was caused by states forbidding companies from operating. the gain in jobs came from states saying they once again could do business.
these are not normal times. This is not a normal crash and recovery.
Trump related all coven responses to the states. He gets eight blame for the crash, nor create for teh recovery (such as it is…and it is, I fear, thin…)…