Published on: April 5, 2020 |
By: Todd Mitchell
The market zigzagged for a 3rd-straight session following a historically low employment report with the numbers missing forecasts by a landslide. Specifically, Nonfarm Payrolls for March sank -701,000, versus forecaats for a decline of 148,000, with the unemployment rate spiking to 4.4% from 3.5% and forecasts at 3.9%. The pullback wasn’t alarming as the....
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