One can be wondering if the US stock market is at the right place when taking employment levels into consideration… pic.twitter.com/jG5aXuDXbY
— Tomasz Hońdo, CFA (@HondoTomasz) July 2, 2020
Atlanta Fed GDPNow vs. U.S. GDP Growth: pic.twitter.com/OxnqE5fTWe
— Michael McDonough (@M_McDonough) July 2, 2020
Initial jobless claims remain >1.4mn for yet another week. Continuing state level claims persist above 19mn again. Total claims move higher to 31.5mn. pic.twitter.com/xCa6HNcXCF
— Joshua Steiner (@HedgeyeFIG) July 2, 2020
"I don't think I'm alone in expressing concern that unlike the Europeans we did not suspend dividends. There is something to be said for shoring up your capital cushion when it looks like the pandemic is actually worsening"
— Danielle DiMartino Booth (@DiMartinoBooth) July 2, 2020