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SMLL - Financial Markets Could Rise Despite Mounting Unemployment Claims
Direxion Daily Small Cap Bull 2X Shares
Source: Financial Times
The prevailing thesis is that President Trump must grow jobs in order to ensure reelection. He may not be judged on how soon he can get the economy reopened after the knock-on effects of the coronavirus have weighed. The March jobs report, which showed the economy shed 701,000 jobs, could add more pressure to the president's job:
The US economy shed 701,000 jobs in early March and the unemployment rate jumped to 4.4 per cent, the highest in more than two-and-a-half years, reflecting the early-stage damage from the coronavirus pandemic on