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.
With everything that has already happened in 2020, you would hope that the bottom is in and hopefully a strong economic recovery would continue. But if you’re looking at the very limited statistics shown by government and what is generally understood, you will not see the real deal. The worst is certainly yet to come and that should be common knowledge. It’s a step by step process. The retail stores. The malls. The vacancies. The food banks. The layoffs. The moratoriums. The decimated industries. It has only just begun.
Retail Store Databank | Coresight Research
US and UK Store Tracker Databank
This chart shows the number of major retail store openings, store closures and net store openings in the US from 2012 to 2024 YTD, by retail sector. For more information on specific sectors, please select from the dropdown list. Sector:
More Homes Are Going Dark as Moratoriums on Utility Shut-Offs End – WSJ
https://www.wsj.com/articles/more-homes-are-going-dark-as-moratoriums-on-utility-shut-offs-end-11601112601
List of major company layoffs due to the coronavirus – Business Insider
The coronavirus outbreak has triggered unprecedented mass layoffs and furloughs. Here are the major companies that have announced they are downsizing their workforces.
Maersk, WarnerMedia, Exxon, Regal movie theaters, and multiple airlines are the most recent to cut thousands of jobs amid the coronavirus pandemic.
Facing $250M deficit, University of Delaware turns to layoffs, furloughs | The Latest from WDEL News | wdel.com
https://www.wdel.com/news/facing-250m-deficit-university-of-delaware-turns-to-layoffs-furloughs/article_78076b68-fe7b-11ea-ae60-63f7dd5f786a.html
Coronavirus economy: Layoffs loom at Pebble Beach
Coronavirus economy: Layoffs loom at Pebble Beach, Golden Gate Bridge, hotels
Big job cuts are being planned at the iconic Pebble Beach resort in Monterey County, while separate layoffs are in the works at Bay Area hotels as well as the Golden Gate Bridge District, with the employers blaming staff cutbacks on coronavirus-linked woes.
Boeing Job Cuts: Executive Roles at Risk and Real Estate to Be Sold in New Plan – Bloomberg
The pandemic has devastated downtown D.C. Some fear the damage is permanent. – The Hour
The pandemic has devastated downtown D.C. Some fear the damage is permanent.
WASHINGTON – It’s evening rush hour in the nation’s capital, and the McPherson Square…
Layoffs Tracker – Layoffs.fyi
Layoffs.fyi – Tech Layoff Tracker and Startup Layoff Lists
LIVE] Tracking all tech startup layoffs – and lists of employees laid off – since COVID-19 was declared a pandemic. This page is constantly being updated.
Gig Economy Company Launches Uber, But for Evicting People
Gig Economy Company Launches Uber, But for Evicting People
A company called Civvl says evicting people is the “FASTEST GROWING MONEY MAKING GIG DUE TO COVID-19.”
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Robinhood ‘dumb money’ may be fueling big Wall Street lie
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The economy is changing in 2020. Many stores are not in the same status of 2019 and prior. The debt has increased dramatically. Credit cards and mortgages. Money is flowing into stocks.
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.
What Is The Money GPS? The Money GPS is a news aggregation source. It compiles data from government documents, white papers, mainstream news articles, financial reports, supranational entity reports, financial charts, and any other relevant information. The information is collected, dots are connected, and compiled into videos which tend to be around 10 minutes in length. Subjects include anything from central banks, debt, stock market analysis, and information which is specifically ALTERNATIVE to what the majority of people believe. If you are looking for stock tips or help with building your portfolio, this channel is not for you. If you… Read more »
In your opinion will the ECONOMY get worse or better by early 2021?
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