Why is US market soaring despite weak April jobs data? Low liquidity and interest rates are the key, says Anil Singhvi
Dow Jones index has hit record highs for three consecutive days even though the employment data for April was reported low. The unemployment rate has risen to 6.1 percent compared to the expected rate of 5.8 percent. But all this news seems to have no negative impact on the American market.
Why is US market soaring despite weak April jobs data? Low liquidity and interest rates are the key, says Anil Singhvi