Dock Treece

Dock Treece Monday June 8, 2020


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Monday, after a great weekend, but Friday set the stage. The employment report came out Friday and everyone was surprised. A quote from the attached article: "After two months of carnage, employers added 2.5 million jobs last month, the most jobs added in a single month on records dating from 1948."
That news lit a fire under stocks and the DOW soared.
Oil production companies and opening well as crude approaches $40 per barrel.
The yield curve is steepening, is it a sign of a stronger economy or inflation? Or both?
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Dock TreeceBy 1370 WSPD (WSPD-AM)