All Posts Tagged: unemployment

Labor Market Devastation – Who Is Bearing the Brunt?

Scott Anderson
Chief Economist

The widespread business shutdowns that began in mid-March to try to contain the rapidly spreading coronavirus led to millions of Americans being thrown out of work.

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A Decade of Labor Market Progress Lost

Scott Anderson
Chief Economist

The COVID-19 pandemic has swiftly ended U.S. labor market milestones painstakingly achieved over the past ten years.

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Still in Freefall and Looking For a Way Out

Scott Anderson
Chief Economist

We are still in the freefall stage of the economic shock brought on by the COVID-19 pandemic and will likely remain in this stage at least through the second quarter.

Against this backdrop U.S. equity markets have been downright ebullient over the last month, looking forward to business reopenings and celebrating the flattening of the curve of new virus cases.

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Cabin Fever Hits Markets – Long Economic Winter Ahead

Scott Anderson
Chief Economist

Growing up in Minnesota, I am very familiar with the cabin fever that can result from long winters and being stuck at home for months on end.
Before long you’re climbing the walls with boredom and dreaming of the places you will go and the things you will do when the weather breaks. The U.S. equity market rally at this point is feeling a lot like that these days.

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