11 min

Dock Treece 12-11-20 Dock Treece

    • Business

Friday, stocks were little changed yesterday and the news is conflicting. New jobless claims rose but job opening in manufacturing hit an all time high. And everywhere I look I see 'now hiring' signs.
We are in a pandemic driven recession yet U.S. household net worth hit a record in the third quarter. Stock and housing prices are credited with the gains.
A quote from the attached article "The net worth of U.S. households rose to a record in the third quarter as the value of stock portfolios and real estate surged, a Federal Reserve report showed, highlighting the skewed nature of an economic recovery that has disproportionately benefited wealthier Americans."
What's your plan?

Friday, stocks were little changed yesterday and the news is conflicting. New jobless claims rose but job opening in manufacturing hit an all time high. And everywhere I look I see 'now hiring' signs.
We are in a pandemic driven recession yet U.S. household net worth hit a record in the third quarter. Stock and housing prices are credited with the gains.
A quote from the attached article "The net worth of U.S. households rose to a record in the third quarter as the value of stock portfolios and real estate surged, a Federal Reserve report showed, highlighting the skewed nature of an economic recovery that has disproportionately benefited wealthier Americans."
What's your plan?

11 min

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