The mind boggling loss of jobs last month was not caused by an economy out over its skis in need of a correction, but is a measure of the country’s resolve to meaningfully damage the rapid spread of COVID-19. More job losses are more lives saved. Losing 20 million jobs in a month is a terrible hit to our economy. But the only lasting positive impact on our future economic well-being and financial markets is hope for a our physical well-being and safety from a deadly virus. Lockdowns provided the protection needed and have dramatically slowed the spread of the virus in even the most dense areas of the country such that stocks will actually rise in reaction to a nearly 8.0% unemployment rate. The jobs report marks a sobering moment in our history while also likely marks the bottom of the economic contraction with hope for a better remainder of the year.
Market Insights
More Job Losses Are More Lives Saved
Bryce Doty
Bond Market Expert
Bryce Doty
Bond Market Expert

The Investment in Maritime Hydrogen Is Gaining Momentum
Developing zero-emission maritime shipping solutions has become a hot topic because it could decarbonize a critical global supply chain input. Maritime transport is the...
Read more
Shipping Alliance Says NO To Fossil Fuel-Powered Fleets By 2040
ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA) provides investor access to a diversified set of global companies that develop technologies, manufacture equipment or provide services...
Read more
Silver: Investors Ignoring the Supply-Demand Imbalance?
Silver and silver mining stocks have not been spared by the looming macro headwinds that have weighed on equity and fixed-income markets. Higher rates...
Read more
The Offshore Wind Boom
ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA) provides investor access to a diversified set of global companies that develop technologies, manufacture equipment or provide services...
Read more
Attractive Opportunity in Short-term Bonds
This year’s sharp rise in treasury yields creates an attractive opportunity in short-term bonds heading into 2023 as the Fed slows the pace of...
Read more
Cannabis Industry Update
United States Update: Oct 6, 2022: President Joe Biden announced pardons for thousands convicted of federal marijuana possession, urged governors to do the same...
Read more
Global Cyber Attacks: Severity, Growth, and a Call for Cybersecurity
Cybersecurity companies are the premier solution for cybersecurity threats that continue to grow in number and monetary severity. The workforce available today is not...
Read more
Here’s What to Expect this Summer in Travel & Tourism
According to Hopper’s Summer 2022 Travel Guide, more than half of Americans plan to travel for pleasure this summer, indicating that they are eager...
Read more
You Should Expect a Housing Boom this Summer: Here’s Why
We are currently in the midst of one of the strongest housing markets the country has ever seen. Home prices have appreciated by 20.6%...
Read more
Inflation Can Persist as Demand Declines
Typically, inflation stems from an overheating economy where companies are expanding rapidly to meet expected sustained growth of demand. Too many companies in the...
Read more