EQL - The U.S. Job Market Is In Serious Trouble. Why An Exuberant Stock Market May Soon Follow - Part 2
In our last article, Part 1 of 2, we discussed the tremendous strains that many small businesses are experiencing in light of the recent mandatory shutdowns across various states.
Specifically, we cited three surveys that were recently conducted with these small business owners, to better understand the situation that they are facing and gauge how helpful the U.S. government's response has been to provide federal assistance programs such as PPP and EIDL to help as an interim stop-gap measure until the economy starts up again.
The data presented in these surveys is both troubling