I would be interested in people's thoughts on the results of today's market? Huge unemployment numbers, I believe the estimate was 1.5mm, and the "actual" blows throught it, yet the market has a good day? Any thoughts? I can't believe the growth to be based strictly on the stimulus package? My thoughts are that people are remaining somewhat optimistic thinking that once this COVID-19 clears up that all the people who were laid off will go right back to having a job. Sorry if this doesn't apply to the threads overall title. I thought it did due to the market aspect.
I don't think economic numbers matter much right now, even a crazy unemployment number like we just got. It's all COVID and it's all financial market stability. If there was a macro-number I'd be looking at, it'd be consumer sentiment -- how comfortable are we going back to Disneyland and into restaurants when some promising drugs start surfacing?