Don’t believe that markets are addicted to stimulus? Consider Thursday’s job numbers. Over 804,000 workers filed for first time unemployment benefits. That’s a lot of people who experienced a job loss more than eight months into a global pandemic.
Yet the market rose. Why? As long as the job market is struggling, the possibility of continued stimulus — which also helps keep the market propped up — is likely. Much like the “Trade War” headlines the past few years, a lot of the daily market moves can now be attributed to potential stimulus measures. That’s a trend worth paying attention to.
Now here’s the rest of the news:
October 09, 2019
We will face challenges day! Are you making this grave mistake? Here’s Darren Hardy to elaborate!
Wasn’t that good … or … were ‘things not always as they seem’?
Make this your Best Day Ever! 😉