March 06, 2020

Today’s robust jobs data meant little to investors as the potential economic effects of the corona virus continue to dominate market activity.  Equities shrugged off a decrease in unemployment to 3.5% and the addition of 273,000 jobs in February to continue their current rout.  The Dow is down 600 points while the S&P and Nasdaq are each down about 2.6%. Gold ticked above $1690 in overnight trading before retreating to yesterday’s level, currently trading at $1665.