Don’t Let Facts Get in the Way of a Good Rally
May 7, 2021 The S&P 500 registered its 26th record high of the year as April nonfarm payrolls missed expectations with businesses adding 266,000 workers to the payrolls. Although the number was an average reading in normal times, it badly missed the 1 million new hires Wall Street had expected given the broad reopening currently underway. Despite…
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