Dan Alpert
DanielAlpert
IMPORTANT THREAD RE: CHINA 1/nBack in March, near the beginning of the US lockdown, I warned those predicting a US economic "supply shock," stemming the fall in exports by China
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#BLS #NFPYes, the Employment Situation Report, coming up in 15 minutes, is NOT the big news of the day.But this is the last report before the election and bears notice.
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2,981,000 additional unemployment claims for the week ending May 9th. This month's total brings the aggregate claims during the #COVID19 crisis to 36.5 million - an eye-watering 28.3% of total
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