Reviewing the correlation between Unemployment & S&P 500

1 มิ.ย. 2020

As the figure shows there is a clear negative correlation between U.S. unemployment and the S&P 500. Currently, we are seeing extreme highs in unemployment and the recovery will certainly take some time.

To see more reasoning for a short position, please look at my previous post on the S&P 500 (Witnessing a bubble created by people's unrealistic expectations)
https://www.tradingview.com/chart/SPX/U5AZWy5Z-Witnessing-a-bubble-created-by-people-s-unrealistic-expectations/