Job openings as a percentage of the US labor force is higher than any month up until 2018, even exceeding the peak of the last economic cycle. That’s the biggest positive…
Day: September 9, 2020
Business Insider: "The 100-day rally in tech stocks is more similar to the 2009 recovery than it is to the 1999 bubble, DataTrek says"
Excerpt from Business Insider quoting DataTrek’s Nick Colas: … “The more than 50% rally in technology stocks over the past 100 trading days ends one of two ways: higher like…
Barron's: "Apple, Microsoft and Other Tech Stocks Are Rebounding"
Excerpt from Barron’s quoting DataTrek’s Nick Colas: …. “Tech only returns +50% over 100 days in a bubble (2000) or a cyclical recovery (2009) and we continue to believe 2020…
US Labor Market: 3 Lesser Known Facts
By now you likely know the basics of last Friday’s August US Employment Situation report, but here is a quick recap: Unemployment rate of 8.4%. This is somewhat better than…