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Investment

The Silent Depression: Trundling Is the New Booming

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What do two speeches from the 1970s say about today’s economy?



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Investment

10% of jobs lost due to the virus have come back in May

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Wall Street Journal:
The May U.S. jobless rate fell to 13.3% and employers added 2.5 million jobs, early signs the labor market is mending after the coronavirus pandemic shut down parts of the economy nearly three months ago.
“These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to co…

The post 10% of jobs lost due to the virus have come back in May appeared first on The Reformed Broker.



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Investment

Clips From Today’s Halftime Report

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Futures Outlook: US 10-year bond yield rises on ECB bond purchase from CNBC.

The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.



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Investment

“We are overreacting because if it looks like you’re overreacting, you’re probably doing the right thing”

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“We are overreacting because if it looks like you’re overreacting, you’re probably doing the right thing.”
That’s National Institute of Allergy and Infectious Diseases Director Anthony Fauci on Sunday, March 15th.
He is, of course, speaking about the health crisis, but I think there is an investment and business corollary to this that is important to mention.
The US stock market has just comp…

The post “We are overreacting because if it looks like you’re overreacting, you’re probably doing the right thing” appeared first on The Reformed Broker.



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