Talk of The Villages Florida - View Single Post - June jobs report: +4.8 million jobs, Unemployment drops to 11.1%
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Old 07-05-2020, 01:06 PM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by rlcooper70 View Post
Those numbers are not accurate at all ... there is massive undercounting currently.

The economy is in deep trouble and too many small businesses will never open again .... good that the Fed is keeping the markets from collapse but for how long can that continue?
I am beginning to think that the economy and the stock market have very little to do with the success or failure of small businesses. Otherwise, why is the stock market continuing to do well? Small businesses have been destroyed by the pandemic and the stock market continues to roll along. I suspect that the stock market is mostly affected by what happens to the large corporations.