Succinct Summation of Week’s Events for 5.7.21, Barry Ritholtz, on May 7, 2021 at 10:00 pm ,

Succinct Summations for the week ending May 7th, 2021 Positives: 1. Weak Jobs data supportive of more fiscal stimulus. 2. Jobless claims fell 92k w/o/w from 590k to 498k. 3, Non-farm productivity rose 5.4% in Q1, above expectations. 4. PMI Manufacturing came in at 60.5 for April, above previous levels. 5. PMI Composite came in…
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