Stock Markets: Was the US job market data really good? Market Whispers (german video outlook)

The stock markets were rejoicing yesterday over the supposedly very good US job market data. But how good was this data really? Although the headline figure was better than expected, on closer inspection the situation on the US job market as a whole actually worsened. This is because the number of permanently unemployed has risen sharply. Moreover, the US job market data was collected before the significant increase in corona cases in the USA. The fact that the US has anything but got the Corona problem under control is shown by the figures from Florida yesterday. The victory mood of the stock markets has subsequently clouded over. The Dax, on the other hand, has risen above the resistance at 12500 points. The DAX will be on its own today.

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