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Most of the Lost Jobs Aren’t Coming Back – Ep 571

Author
Peter Schiff
Published
Sat 09 May 2020
Episode Link
https://schiffradio.com/most-of-the-lost-jobs-arent-coming-back/?utm_source=rss&utm_medium=rss&utm_campaign=most-of-the-lost-jobs-arent-coming-back

Market rallies on worst jobs report in history.

Decimated gig economy isn’t even factored in.

Majority of service industry jobs are not coming back.

If nobody’s producing, nobody’s consuming.

Market’s now factoring in negative interest rates.

Second wave of layoffs coming.

Businesses now at risk of regular shutdowns.



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