Stocks Decimated by Unemployment Woes

In news that should surprise no one, job growth is slowing as the country enters the most dangerous phase of the pandemic.

The news shook stocks, with S&P futures now off a stunning 2 points since prior to the announcement.

Aghast that the index might not make another new all-time high today, investors across Wall Street had to be talked off of window ledges.  Observing the carnage, algos could be heard muttering, “VIX…VIX…VIX…”

Hopefully stocks, after suffering through the greatest monthly gain since 1987 in November, will recover.

continued for members


Sorry, this content is for members only.

Click here to get access.


Already a member? Login below

Remember me (for 2 weeks)

Forgot Password