[burger]

First time unemployment claims were "down" to 6.6 million.  That puts the cumulative three week job losses at around 16 million or about 10% of the work force.  The Dow Jones is up 450 points.  Go figure.

BC

Better than I expected/feared. A lot of small businesses are holding on to employees to qualify for the PPP loan forgiveness. That should hold, IF we figure out how to effectively reopen the economy.

Except for all the businesses that can't get loans because of the disastrous rollout by the administration: https://nymag.com/intelligencer/2020/04/...ained.html

[burger]

First time unemployment claims were "down" to 6.6 million.  That puts the cumulative three week job losses at around 16 million or about 10% of the work force.  The Dow Jones is up 450 points.  Go figure.

BC

Better than I expected/feared. A lot of small businesses are holding on to employees to qualify for the PPP loan forgiveness. That should hold, IF we figure out how to effectively reopen the economy.

Except for all the businesses that can't get loans because of the disastrous rollout by the administration: https://nymag.com/intelligencer/2020/04/...ained.html