"... we continue to see Americans lose jobs at a pace that is far beyond anything we have ever seen before in all of U.S. history."
"The “Everything Bubble” lasted far longer than it should have, but now that it has burst the pain is going to be absolutely immense."
"... businesses all over America are not going to be able to “return to normal” if millions upon millions of workers simply do not want to work."
"...we have lost 710 jobs for every confirmed US death from COVID-19..."
"Simply, it is small businesses that drive the economy, employment, and wages."
"Bear markets have a way of “suckering” investors back into the market to inflict the most pain possible."
"Pay attention to employment and wages. The data suggests the current “bear market” cycle has only just begun."
"California Governor Gavin Newsom says that a million residents of his state have filed for benefits “just since March 13”…"