Excerpt from Crain’s NY Business quoting DataTrek Research: …. “Google searches for the word “unemployment” rose by 33% yesterday and are running 20 times higher than last week, according to…
Day: March 18, 2020
CNBC: "The coronavirus crisis could inflict record-setting damage on the US jobs market"
Excerpt from CNBC quoting DataTrek co-founder Jessica Rabe: …. “During the financial crisis, claims started to rise in July 2009 and hit their apex by the following March 2009. The…
WSJ: "Devilish Math Would Bring Market Down Another 40%"
Excerpt from the Wall Street Journal quoting DataTrek’s Nick Colas: …. “Following the September 2008 financial crisis, the market didn’t hit its bottom until a few months later, in March…
DataTrek's Nick Colas On TD Ameritrade Network
Check out DataTrek co-founder Nick Colas explain the economic impact of COVID-19 here on the TD Ameritrade Network!
ThinkAdvisor: "We Need Broad Fiscal Stimulus, Right Now: Strategists"
ThinkAdvisor quoting DataTrek’s Nick Colas: …. “The S&P 500 is running the 2008 Financial Crisis playbook at an accelerated pace,” said Nicholas Colas, co-founder of DataTrek Research, in a recent market…
US Initial Unemployment Claims Set to Spike
With the large increase in Google searches for “unemployment” over the last week, Thursday morning’s report on initial claims will be an important first indicator of how the COVID-19 pandemic…