May 29, 2020
Today Nicholas Olesen and Nicholas Ryder talk about the stark difference between the economy and the markets. Unemployment data shows about 40,000,000 people are unemployed right now, bankruptcies are on the rise, most major cities in the US are still under some form of stay-at-home order, and the COVID-19 pandemic continuing to spread, yet stocks up over the last 12 months and down just 6% YTD.
https://www.kathmere.com/blog/what-gives
https://www.kathmere.com/blog/the-link-between-recession-duration-and-stock-market-drawdowns