The U.S. had strong employment growth and strong home sales BEFORE coronavirus, which has been over-hyped by the media

The February U.S. 

payroll report was 

obscured 

by coronavirus

bad news.

February private 

sector jobs

rose 228,000, 

and prior months 

were revised 

strongly upwards. 

That's normally

very good news.

But it is likely that

many new hires

in February 2020

were based on

business results 

pre-coronavirus.

The primary  

government 

reaction to 

coronavirus is

shutting down 

commerce.

So, how many people 

hired in February

ended up not needed

in February ?

When a virus leads to 

shutting down commerce

and production, it causes

a temporary, local

recession.

Slowing down 

the spread

of the virus, 

by shutting down 

commerce and 

production, is anti-

economic growth

until the shut-downs

end.

Could be 

for one month,

or a few months.

Ordinary strains

of the flu kill

far more people

every year, yet

stock investors

have never cared.