Markets are insane11 Aug 2020 09:45
So wages are falling, jobless rate has risen at its fastest pace since 08 crash, and it's summer so seasonal employment at its peak, yet people still falling out of work, furlough still going protecting most jobs but that ends soon, and markets up 1.5% because...? The US is getting some money maybe? Penny has to drop sooner or later, or the markets are so devoid of and real value that it doesn't matter.