Chart of The Day – June 5, 2020

By: Chris Wenner in Charts 06/05/2020

Today’s jobs numbers were very, very strong!  Nonfarm payrolls rose by 2.5 million after last month’s loss of 20.7 million.  What was most impressive about today’s report was that economist forecasts had called for a 7.5 million loss in payrolls.  It is truly a great thing to see our labor market and economy starting to pick up steam faster than expected.

At the moment, bond yields are moving up sharply – as they should be.

CW

 

By: Chris Wenner

Managing Director

Jonathan Molchan

Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.

Related Literature

Follow Us