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Showing posts from April 16, 2021

Friday - What is the impact of jobless claim a year from now?

 Shares on the US stock market are pointing to a positive open this morning after moving around the flat line the whole night. This is the continuation of yesterday's record highs in day gain by DOJ based of better than expected jobless claims and consumer's spending. Jobless claims started off with nearly 7 million in Apr 2020, and still about 19 million people are collecting jobless benefits. With these numbers and the terrible economy, it seems 576000 new claims means the situation is in a recovery. However, the long term impacts of such employments is still unknown. Oxford released a research that found that the rate of cerebral venous sinus thrombosis or blood clots in Pfizer and Moderna is similar to AstraZeneca vaccine; 4 in 1 million vs 5 in a million respectively. This is another proof that the global concerns around AstraZeneca was more political than scientific. Read more on this here .