AUTHOR: TOWNE SCHERER.COM/BLOG 4/8/2020: Towne Scherer Private Wealth Management BLOG:
Unemployment Matters
‘Unemployment matters more than a coronavirus peak’ is what Jim Cramer believes, reports CNBC 4/6/2020. He encourages people to let the market cool off after the significant jump it took on 4/6/2020, as the market is more interested in job #s than the covid 19 peak. Are peaks valleys or are valleys peaks...? Such is the market.
Corona Virus Deaths Adjusting Lower
A model forecasting corona virus deaths, used by the White House, adjusted to a lower range, says FORBES 4/7/2020. Further, the U.S. Surgeon General, Jerome Adams, now expects the U.S. virus death toll to be below the 100,000 to 240,000 predicted by the White House at one point. So starts the winds of change....sail on my friends...
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.