Government Lockdowns Send US Unemployment To 14.7% to Fight a Flu
May 8th 2020 8:33am EDT
Worst Jobs Report In History: 20.5 Million Jobs Lost As Unemployment Rate Hits Record 14.7% While economic fundamentals ceased to matter about a month ago when the Fed went nuclear and not only injected trillions in the bond and repo market, but also directly backstopped the corporate bond market (with many expecting it will do […]
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