Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The fake recovery is stalling in most countries around the world. In fact, we are way passed the point where it was supposed to have been back into growth mode. All growth up until now has been because of stimulus from governments and central banks. Nothing else. And now that the injections are not as massive as they were initially, the effect is fading. Just like an addict, the effects lessen as tolerance builds. So either prepare for confetti money or for an economic collapse, or possibly something we’ve never seen before.
13 million people could lose unemployment benefits by end of December
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Double-Dip Moves From Risk to Reality in Major Economies: Chart – Bloomberg
The Global Economic Recovery Is Slowing From a Bounce to a Grind – Bloomberg
Consolidation Is Killing Jobs In The U.S. Shale Industry | OilPrice.com
Consolidation Is Killing Jobs In The U.S. Shale Industry | OilPrice.com
The long-awaited consolidation in the U.S. shale patch is well underway, but as the M&A frenzy continues, job losses continue to pile up
State of the Industry | OpenTable
State of the Restaurant Industry | OpenTable
See the impact of inflation on the restaurant industry. Data updated daily by country, state, and city.
lnafp_aa_20200713_locked.pdf
Click to access lnafp_aa_20200713_locked.pdf
Triple-Leveraged Tech ETF Saw Record Outflows During Stock Rally – Bloomberg
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QE has begun 2020-11-06_15-56-48.jpg (765×274)
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Canada Jobs Recovery Fizzles on Renewed Covid-19 Closures – Bloomberg
Jump in Insolvencies Heralds Pandemic Hit to Canadian Households – Bloomberg
Stocks are enjoying a healthy cash and debt infusion here in 2020. Many have been buying tech stocks. Many companies like Apple, Amazon, and other tech shares have been seeing major gains. ETF’s are becoming extremely popular.
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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
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“The fact that we were told there was a recovery is certainly misleading. But for the areas that experienced growth, weakness is coming through as stimulus effect fades. Do you think there will be more stimulus added before end of 2020?”
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