WHAT DOES MAY LOOK LIKE GOING FORWARD? market turbulance from COVID-19Posted by Gay Puckett on
TODAY THE THUNDERBIRDS WILL FLY OVER AUSTIN! AND..
.TODAY, the National Association of REALTORS, NAR, held their 2020 legislative meetings, with a zoom slide presentation by the national chief economist, Dr Lawrence Yun. Believe it or not, March/April looked pretty bad on the news. But Dr Yun make some very important points.
1. while many sectors in economy were down (jobs in leisure and hospitality were 1/3 of the jobs lost), followed by education, health and retail, he pointed out that the home improvement sector rose 15% and online sales rose 10%. and although 33 MM filed for unemployment, many were first time filers who will hopefully regain their jobs this year. He emphasized 80% of the jobs lost are temporary loss according to the…
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