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Rate dropped to 13. 3 percent that number was expected to be closer to 20 percent it didnt take long for President Donald Trump to declare victory today is probably if you think of it the greatest comeback in america is you but youre going to stop here its going to keep going ive got 144 all time high stock markets during a 3 and a half year period nobodys ever come close to that and were going to do it again. Well joining us now with more to break it down is chief strategist of Quill Intelligence and former Federal Reserve insider danielle de Martino Danielle good to see you thanks for coming on. Nice to be here today now i want to start with this break this down what do these numbers look like why why why why are the markets surging. Well i this cam ....
Second week in a row that its starting out just in the right way. Yeah. I think theres people who just feel that this great shutdown is over obviously its worldwide the spending will begin again. I keep hearing that theres a surprising number of survivors that its not as bad as we thought. With the exception of some mortgages and some credit card, the forbearance wont really reverberate through the system reverberates to the banks. I know theres people who want to try to get the banks going. I say stick with whats working. I know its boring i know people want to rotate its something that Portfolio Managers love to do. I dont like to rotate into any stocks that have numbers cut thats really important. Im looking at david faber, who looks, of course, fabulous im thinking about him because its the credit markets we have to worry about, not the stocks they look great. Whats your concern in the credit market specifically, jim . Lik ....
Unemployment numbers are and the bureau of labor statistics show the Unemployment Rate dropped to 13. 3 percent that number was expected to be closer to 20 percent it didnt take long for a President Donald Trump to declare victory today is probably if you think of it the greatest comeback in america it is you but you still going to stop your. Its going to keep going 144. Blankets during its really if you a period nobodys ever come close to that and were going to do it again. Well joining us now with more to break it down is chief strategist of cool intelligence and former Federal Reserve insider danielle de Martino Danielle good to see you thanks for coming on. Nice to be here today now i want to start with this break this down what do these numbers lo ....
To limit life of those down investigative journalist but. We have a talk show today for what. Us may employ unemployment numbers are and the bureau of labor statistics show the Unemployment Rate dropped to 13. 3 percent that number was expected to be closer to 20 percent it didnt take long for President Donald Trump to declare victory today is probably if you think of it the greatest comeback in america it is you but you going to stop here. Its going to keep going ive had 144. 00 all time high stock markets during a 3 and a half year period nobodys ever come close to that and were going to do it again. Well joining us now with more to break it down is chief strategist of cool intelligence and former Federal Reserve insider danielle de Martino Danielle ....
Still going to stop here its going to keep going ive got 144 all time high stock markets during a 3 and a half year period nobodys ever come close to that and were going to do it again. Well joining us now with more to break it down is chief strategist of cool intelligence and former Federal Reserve insider danielle de Martino Danielle good to see you thanks for coming on. Nice to be here today now i want to start with this break this down what are these numbers look like why why why why are the markets surging. Well i this came as a tremendous surprise im using the president s favorite word this came as a tremendous surprise to the to the markets and to all economists for that matter no single economist was expecting the best one was negative 800000 we got a gain of 2500000 jobs along with a big asterisk from the bureau of labor statistics that said the margin of error is ....