The unemployment rate has jumped to 5.5%. A worrisome trend seen during periods of very slow growth (see chart, click to enlarge). Note that shaded areas indicate recessions.
Long-term Treasury bonds usually benefit during such times.
More, much more when you subscribe to The Peter Dag Portfolio on https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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