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Everybody Out! Part 2

Everybody Out! Part 2

$700 billion went into Money Market Funds in March.  That’s four times the previous record flows.  This is fuel.  Much of this money will eventually return to the stock market.  We consider this quite bullish.  Everybody Out!, Part 1: ...
Another 3.8 Million

Another 3.8 Million

The numbers:  Some 3.8 million American workers who just lost their jobs applied last week for unemployment benefits, bringing a record number of layoffs during the coronavirus crisis to about 30 million in a month and a half. The weekly pace of layoffs has slowed...