You hear it every time the unemployment numbers comes out..
“Yeah its bad but unemployment always lags the recovery”
That is true when measured against stock prices, but how much is the lag?
About 6 months on average, you can go out 9 months but 8 months is a maximum norm. 8 Months from March 9th would push us to November, so right in here right now over the next two months we should start to see some improvement in unemployment to validate this bull run.
Time is running out on this recovery.. Let’s see if any of that stimulus money goes into anything else besides increasing companies bottom lines.
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