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Even a Strong Jobs Report Doesn't Seem to Matter Much Now

CoStar Economy: The Markets Take Their Cues From the Latest on the Coronavirus
By Robert Calhoun, Matt Powers
CoStar Analytics
March 9, 2020 | 12:17 P.M.

"A quick term check of the Fed's Beige Book out today: it mentions the coronavirus 48 times and 9 times says COVID-19. Together that's more times than the term labor (51 times) or employment (55) and poor inflation only appears 12 times. It's a different world out here folks."
- Tara Sinclair, associate professor at George Washington University

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