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  • Jobless claims surge to more than 30 million — here's what to watch

    From cnbc.com

    image Jobless claims continue to rise. New claims reached 3.84 million last week, bringing the total to 30.3 million for the last six weeks. The number of total claims makes this the worst unemployment crisis in U.S. history. Optimistic path to recovery Eugene Scalia, U.S. Labor secretary, said there is optimism for the path to recovery. “It’s just a very high number but a couple of quick notes about it. One, the president and Congress moved very swiftly in March to address this, including with the unemployment enhancements made in the CARES Act. As of last Tuesday, all 50 states and the District of Columbia ... (full story)

  • #1
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  • Apr 30, 2020 6:56pm Apr 30, 2020 6:56pm
in Italy unemployment falling according stat )))
  • #2
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  • Apr 30, 2020 7:03pm Apr 30, 2020 7:03pm
This HAS to be a Comedy Show?? Right?
Quote..the president and Congress moved very swiftly in March to address this..
To blow Smoke up the equity markets ass.. and its working..
But for everyone else.. A Day Late and a Dollar Short.

Bit like the posting of this News Item (now History for traders) by our sponsors..Fair Economy/FF/Newsstand..
which they already posted late here : https://www.forexfactory.com/news/99...illion-in-late..

Warning: A Dangerous Subversive: 1% of comments CoCed
  • #3
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  • Apr 30, 2020 10:09pm Apr 30, 2020 10:09pm
The Question is is the present situation like that of Ancient Rome. Figuratively, the US is not literally burning but financially is .How can the Equities be rising up when Nothing has happened logically to support that action. AAHHH Yes the Fed is throwing huge sums of money onto the back of the camel to see what happens before it collapses. What a Mess.
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