In the face of historically bad retail sales that plunged 16.4% in April, far worse than expected, the unemployment rate in the double digits, US-China tensions increasing, and worldwide concern about a second wave of the coronavirus pandemic, the market has rallied over 27% from the March 23 lows.
In the face of historically bad retail sales that plunged 16.4% in April, far worse than expected, the unemployment rate in the double digits, US-China tensions increasing, and worldwide concern about a second wave of the coronavirus pandemic, the market has rallied over 27% from the March 23 lows.
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