@jlounsbury59@jteelms So far, none of the revisions have covered the key period -- Q2 2020. We should be watching Wednesday's business dynamics report. Compare state level actual counts with BLS estimates. This period will not show up in the benchmark revisions for another year.
I frequently scoff at the post-hoc explanations of market moves. These facile statements always find something to highlight--soon accepted as "official."
Imagine pundits in a room without market foreknowledge. Show them tonight's news. Would they predict higher stock futures?
Some health policies Democrats might enact with the Senate majority even in a narrowly divided Congress:
Making the suit against the ACA moot
ACA premium help
Aid to states and incentives to expand Medicaid
Government drug price negotiation
No cost-sharing for COVID treatment
New BLS data drawn from multi-month survey of business response to the pandemic. https://t.co/BxpnVuF6s0 I have combined parts of two tables to emphasize the overall effect. It is consistent with my repeated concern about BLS payroll numbers.