Market update: 22 May 2020

Rob & Rob are back again with another Friday market update for you. 

It’s been a pretty busy week which neither of The Robs are complaining about right now. 

So far, yesterday’s podcast episode where Rob & Rob were pretty bold on their boom or bust predictions, has been quite popular with a lot of feedback coming in. 

One topic that the guys discussed on Thursday was the unemployment rate. Since recording, Rob D has been doing some further thinking and has been questioning if the UK hadn’t implemented the furlough scheme, would there be a higher rate of unemployment? 

And is the furlough scheme just delaying that potential unemployment rate? 

Rob B also shares his thoughts on the employment bounceback which is likely to be felt across certain industries. 

Which industries does he think are going to make a comeback first and which does he expect to see a number of redundancies? 

Tune in to find out.

Enjoy - and we’ll be back next week!

 

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