Apr 23, 2020

Quarterly Market Summary and Outlook – April 2020

The COVID-19 Recession and the Policy Response

The year began on a firm footing. Economic growth appeared to be accelerating and job growth was strong. Coupled with low interest rates and forecasts for accelerating profit growth, stocks repeatedly hit new highs. At one point, the Atlanta Fed’s GDPNow model, which incorporates economic reports on a real-time basis, placed Q1 economic growth at… to read more click HERE

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For starters, the title is a simplified five-word summary of the labor market. Recall that last week, we explored the low level of layoffs. This week, we shift the focus to hiring trends. But first, let’s take a closer look at the numbers from the latest jobs report.

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