Labor department reported on thursday now this came in below economist estimates of nearly 1500000 jobs lost and fell 249000 from the previous week marking the lowest level since the start of the pandemic now while this all sounds very positive keep in mind the continuing claims are still at what 16100000 despite dropping 5844008 couple this with that massive contraction in us g. D. P. By 33 percent for the 2nd quarter of this year and you would think markets should be in shambles but thats not the case since testing lows in march at the onset of the pandemic here in the u. S. The 3 major indices are thriving the nasdaq is continually pushed a new record high and now the s. And p. 500. 00 well its just a few percent away from setting new records which were established previously in february of this year while the dow hasnt been able to quite get to precocious teen levels the index has made substantial gains over the last. What so why is that well to break it all down this disconnect th
Yes. And then snow came. Now it is all messed up. It turns out the groundhog was right. True. But anyway 6 28 is the official start of the spring season. Vernal equinox start of the spring, so, i just tweeted out spend the last couple hours of winter with us snuggled in your bed we hope but probably not. But lets get to our number of the day. It will be pretty decent wet ter day for us, eight out of 10 today, we will save our nines for when it is in the 60s and seven ons. Nothing going on with radar that is first good thing and temperatures out there are not too cold. It will still need winter coat , 37 degrees but feels like 29. We had enough of a breeze, that it feels a little chillier then it is. Other temperatures 30 in pottstown. Thirtyseven in dover. Twentyfour in mount pocono. Plan on, sunshine today, springy High Temperature, of 53 degrees. About seasonal for this time of the year and sunset time is not until 7 13 p. M. So, it is looking g make sure you grab your shade, bob kel