Inspired by the analysis of @pkcap, all mistakes are my own
Chart shows the relationship between the NAS100 index (futures) and unemployment. Note the pop in unemployment due to covid lock down.
Will the index fall? Can it be propped up by the Fed until elections?
Chart shows the relationship between the NAS100 index (futures) and unemployment. Note the pop in unemployment due to covid lock down.
Will the index fall? Can it be propped up by the Fed until elections?
Comment:
Thanks again to @pkcap for sharing his idea.