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SMLL - Depressionary Economy Vs. A Bull Market - Both Can't Be Right.
Direxion Daily Small Cap Bull 2X Shares
The Great Divide
There is currently a “Great Divide” happening between the near “depressionary” economy versus a surging bull market in equities. Given the relationship between the two, they both can’t be right.
“April’s job loss was the worst on record, and a continued climb in unemployment is likely over the next few months. ThinkWhy believes the impact on the labor market was very front-loaded, and the month-to-month totals for job loss should begin to moderate in May.”
Non-farm payrolls decreased by 20.5 million in April