Market Weekly: March 29 – April 4 2020


[color=red][size=6][b]Mother of all reports = MINUS 701,000 jobs lost

[i][size=5]In Reality — MILLIONS OF JOBS lost (as these are TRAILING stats
and state U/E offices are overwhelmed — as websites & phone banks are overloaded to max
so badly that lots of folks can’t even file yet :ohmy:

Futures still stable with mild losses on futures so far

Change in non-farm payrolls, March: -701,000 vs. -100,000 expected
Unemployment rate, March: 4.4% vs. 3.8% expected
Average hourly earnings, year on year: 3.1% vs. +3.0% expected[/size][/i]