Friday 27 March ASXSPI200, page-59

I had put a mental line in the sand circa 5340 being around the low in late December 2018. looks like it has been rejected for the moment.
Unemployment?? Mnuchin's spin "Not relevant" 20% unemployment walked back from earlier comments "we won't let that happen".
Markets reaction to unemployment seems to be no problem more stimulus will fix that. Seems like the market is now becoming addicted to the narcotic stimulus and looking for more on each bad news event. can see the virus getting blamed for some bad earnings reports which are yet to come. Weird times.

https://www.forbes.com/sites/sergeiklebnikov/2020/03/18/mnuchin-walks-back-comments-about-20-unemployment-were-not-going-to-let-that-happen/#78ed6a0b7368

https://thehill.com/policy/finance/489633-mnuchin-record-unemployment-claims-not-relevant-given-coronavirus-stimulus