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Dock Treece Monday October 5, 2020
Monday, the DOW closed down Friday with almost all the decline coming in the last 30 minutes of trading. After the market closed it was announced that Trump tested positive for corona virus and futures dropped over 400 points but have recovered this morning in line with the President's improved condition.
The unemployment rate dropped below 8% Friday which put it at the same level as when Obama was reelected in 2012.
Friday consumer sentiment rose to a 6 month high.
Are you confused about the economy? You have good reason to be. This from the Wall Street Journal, an article "The U.S. Jobs Recovery is Sputtering" two articles down "Warehouse, Parcel Operators Add Thousands of Jobs Ahead of the Holidays" (article attached). Quote from the article, "“It’s just been one big spike. I think we saw maybe a 500% uptick in e-commerce business since March,” said Jeff Kaiden, chief executive of Capacity LLC, a third-party logistics provider.."
The unemployment rate dropped below 8% Friday which put it at the same level as when Obama was reelected in 2012.
Friday consumer sentiment rose to a 6 month high.
Are you confused about the economy? You have good reason to be. This from the Wall Street Journal, an article "The U.S. Jobs Recovery is Sputtering" two articles down "Warehouse, Parcel Operators Add Thousands of Jobs Ahead of the Holidays" (article attached). Quote from the article, "“It’s just been one big spike. I think we saw maybe a 500% uptick in e-commerce business since March,” said Jeff Kaiden, chief executive of Capacity LLC, a third-party logistics provider.."
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By 1370 WSPD (WSPD-AM)Monday, the DOW closed down Friday with almost all the decline coming in the last 30 minutes of trading. After the market closed it was announced that Trump tested positive for corona virus and futures dropped over 400 points but have recovered this morning in line with the President's improved condition.
The unemployment rate dropped below 8% Friday which put it at the same level as when Obama was reelected in 2012.
Friday consumer sentiment rose to a 6 month high.
Are you confused about the economy? You have good reason to be. This from the Wall Street Journal, an article "The U.S. Jobs Recovery is Sputtering" two articles down "Warehouse, Parcel Operators Add Thousands of Jobs Ahead of the Holidays" (article attached). Quote from the article, "“It’s just been one big spike. I think we saw maybe a 500% uptick in e-commerce business since March,” said Jeff Kaiden, chief executive of Capacity LLC, a third-party logistics provider.."
The unemployment rate dropped below 8% Friday which put it at the same level as when Obama was reelected in 2012.
Friday consumer sentiment rose to a 6 month high.
Are you confused about the economy? You have good reason to be. This from the Wall Street Journal, an article "The U.S. Jobs Recovery is Sputtering" two articles down "Warehouse, Parcel Operators Add Thousands of Jobs Ahead of the Holidays" (article attached). Quote from the article, "“It’s just been one big spike. I think we saw maybe a 500% uptick in e-commerce business since March,” said Jeff Kaiden, chief executive of Capacity LLC, a third-party logistics provider.."