There is now future now in the stocks and equities sector as there was a breath of life. As the economy crumbled due to Covid-19, there were lot of changes as the industries were shut down and production came to halt, jobs were lost. Cutting wages is a way for business to survive through minimizing its losses.

Despite closure of businesses and plunging of the stock market the US dollar also weakened against all major currencies such as the pound, euro and others. It even failed to hold its ground against gold, but early this week that’s when it started to gain strength against gold which means people were now offloading gold and buying shares.

The US Non-Farm payrolls which measures total changes in numbers of paid workers in US were announced on 05/06/2020, it was forecasted that the rate will fall by -7.700 considering the previous reading of -19,724 but surprisingly it was up with 3,094 so 2.5millions jobs were created just in may only.

We even saw the Dow Jones rising by 900point as the US president was discussing the report about jobs, NASDAQ hits new highs of 9803and Apple also hits a new record of $328 per share

So this is a sign that despite the pandemic the economy is recovering and slowly getting back on its feed and with this the unemployment rate decrease will ease the poverty which was about to overshadow the nation.

 This might be the right time to invest as the markets are on a bullish streak.