Jobs, Jobs, Jobs - "This Isn't About Stock Prices!"
Fri, 06/19/2020 - 12:30
Authored by Jeffrey Snider via Alhambra Investments,
In the initial days and weeks of the COVID (overreaction) shutdown, layoffs and furloughs were mostly a function of that very thing. A non-economic disruption. As time has gone on, however, continued joblessness can only be a function of economic factors meaning a huge problem (deflation) that isn’t being solved by time.
Read this story at Zero Hedge