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      05-28-2020, 10:04 AM   #996
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Originally Posted by corn18 View Post
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Originally Posted by ASAP View Post
Stock market at 25k ... unemployment at 40 Million lol... something isn't adding up.
$4T of Fed money. And unemployment isn't @ 40M, jobless claims are at 40M. Both of my daughters were looking for work this month and both got jobs within days. There are myriad help wanted signs up in my town and my company is hiring anyone that can fog a mirror and have a security clearance. So many are losing their jobs, but there are still many jobs out there. A mismatch between what skills they have and what skills are needed is an issue. Also, I think there are a lot of people that are enjoying their $600/wk kicker and aren't going to look for a job until that runs out.
Yea and wait till the PPP runs out... either we will need that govt debt to go up another few trillion or unemployment will skyrocket even higher... the market is a fallacy right now; deman simply is not there in a lot of industries.
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