Report date: 04.07.2017
More economic indicators are showing the economy is collapsing at an accelerated pace. The job numbers came in and the unemployment rate came down to 4.5% with less people getting jobs and more people losing jobs. The retail industry is a complete disaster, and many retailers are going bankrupt. There is nobody left to purchase treasuries, so the treasury is now the buyer. Traders are worried about volatility and they are purchasing insurance.
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