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DPA, Leads, PMI Products; Investors Ruminate on Employment Data

Posted To: Pipeline Press

Here’s a blunt reminder of what can go dramatically wrong in a fireworks stand. And here’s a blunt email that I received over the weekend. “Rob, what don’t people understand? If someone is threatened with a potentially fatal illness, the last thing on their mind is buying the latest Apple phone, a new car, a suit, a new computer, whatever. They will focus entirely on food, housing, transportation, healthcare, and insurance. (Housing alone accounts for almost a third of spending.) Until this virus is taken care of, we can expect a slow economy, and low rates… a double-edged sword for our industry. End of story.” Maybe some are more focused on ridding the United States of its Star Spangled Banner since Francis Scott Key appears to have come from a slave-owning…(read more)

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