"This Isn't About Stock Prices!"
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Jobs, Jobs, Jobs - "This Isn't About Stock Prices!"

Tyler Durden

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.

Because...

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