In times of crisis, the kind of economic data that is ordinarily only of interest to economists and finance pros draws more attention from the rest of us as we look for signs of what is going on, and what is to come. Last week’s jobless claims number, the highest in United States history, was a sobering look at what is in store economically.
This week we’ll get another round of jobless claims numbers, along with looks at manufacturing and service jobs that will help us understand the velocity and depth of the economic crisis we are facing.
While it’s in the preliminary stages of it’s investigation, the Justice Department is now looking into sketchy stock market transactions that at least two lawmakers made after receiving private briefings on the COVID-19 outbreak.
