in ,

America’s K Shaped Recovery and the Devastation of an Entire Economy

RECORD HIGHS OR RECORD LOWS?

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.

source

There are two very different stories to tell in 2020. This is the most uneven economy ever. It’s the Roaring 20’s and The Great Depression rolled into one. And that’s a very dangerous thing. Ask a stock market speculator how business has been since March 2020. They’re a genius, right? Everything is up. Tesla. Amazon. Apple. PE Ratios? I don’t know what that is and I don’t care! Buy, buy, buy!

 

America’s K-shaped recovery poses massive risk to Biden’s chances of economic success – Axios

America’s hidden depression: K-shaped recovery threatens Biden administration

There is a recovery happening. But it’s helping some people immensely and others not at all.

‘Crisis Level’: Collin County Food Pantry Distributes Nearly 30 Times Usual Supply Last Month – CBS Dallas / Fort Worth

CBS Texas – Breaking Local News, First Alert Weather & I-Team Investigations

Latest breaking news from CBS11 KTVT-TV | KTXA-TV.

Student Loan Horror Stories: Borrowed: $79,000. Paid: $190,000. Now Owes? $236,000 – TK News by Matt Taibbi

Student Loan Horror Stories: Borrowed: $79,000. Paid: $190,000. Now Owes? $236,000

At 59, Chris pleaded for a renegotiation. “My life expectancy is 15 more years. At this rate, you’re not going to get very much…’ Their response was, ‘So?'”

Student Loans Owned and Securitized, Outstanding (SLOAS) | FRED | St. Louis Fed

Student Loans Owned and Securitized

Graph and download economic data for Student Loans Owned and Securitized (SLOAS) from Q1 2006 to Q4 2023 about student, securitized, owned, loans, and USA.

Motor Vehicle Loans Owned and Securitized, Outstanding (MVLOAS) | FRED | St. Louis Fed

Motor Vehicle Loans Owned and Securitized

Graph and download economic data for Motor Vehicle Loans Owned and Securitized (MVLOAS) from Q1 1943 to Q4 2023 about securitized, owned, vehicles, loans, and USA.

Canadian Dollar Hits Highest Since 2018 After Strong Jobs Data – Bloomberg

https://www.bloomberg.com/news/articles/2020-12-04/canadian-dollar-climbs-to-strongest-level-since-may-2018?srnd=premium-canada

dollar debasement.jpg (810×360)

No Title

No Description

inflows bofa 1.jpg (1280×432)

No Title

No Description

bofa inflows 2.jpg (1280×450)

No Title

No Description

(20) Michel Barnier on Twitter:

“After one week of intense negotiations in London, together with @DavidGHFrost, we agreed today that the conditions for an agreement are not met, due to significant divergences on level playing field, governance and fisheries.” / Twitter

Michel Barnier on Twitter: “After one week of intense negotiations in London, together with @DavidGHFrost, we agreed today that the conditions for an agreement are not met, due to significant divergences on level playing field, governance and fisheries. / Twitter”

After one week of intense negotiations in London, together with @DavidGHFrost, we agreed today that the conditions for an agreement are not met, due to significant divergences on level playing field, governance and fisheries.

DoorDash boosts its IPO target, now seeks to raise $3.1 billion | Markets Insider

https://markets.businessinsider.com/news/stocks/doordash-ipo-raise-3-billion-high-profile-stock-market-debut-2020-12-1029865253

Snowflake CEO Collects a $95 Million Payout — Every Month

Snowflake CEO Collects a $108 Million Payout – Every Month

(Bloomberg) — Snowflake Inc. is doing well by any stretch of the imagination. On Wednesday, the cloud-computing company reported that third-quarter revenue more than doubled from a year earlier, and its stock has surged 183% to $339.89 since its Sept. 15 initial public offering.


The economy or the stock market. They are moving in different directions that’s for sure. Money, debt flowing into the markets. We are seeing record inflows into stocks, bonds, ETF’s, real estate. Investors want to buy anything they can.


— APPENDICES —


— FOOTNOTES —

The Money GPS on Twitter: “Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick. / Twitter”

Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.

The Money GPS on Twitter: “JANET YELLEN MIGHT BE BACK. Anyone suggesting government took over the Fed and not the other way around needs to wake up. Fed gained more control. Even Bloomberg admits it. The revolving door and the control over the public is very evident to those paying attention. #janetyellen pic.twitter.com/2lHmrIHw0T / Twitter”

JANET YELLEN MIGHT BE BACK. Anyone suggesting government took over the Fed and not the other way around needs to wake up. Fed gained more control. Even Bloomberg admits it. The revolving door and the control over the public is very evident to those paying attention. #janetyellen pic.twitter.com/2lHmrIHw0T


PLAYLISTS

The Amazon GPS – Mini YouTube eCourse

The Money GPS – How To and Solutions

The Money GPS Easy eCourse

How To Fix the Economy

How To Fix the Economy – Introduction
How To Fix the Economy – Bailouts

The Money GPS on Twitter: “The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT / Twitter”

The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT


HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE:  http://TheAmazonGPS.com


LOOK THROUGH MY BOOKS! http://books.themoneygps.com

SUPPORT MY WORK: https://www.patreon.com/themoneygps

PAYPAL: https://goo.gl/L6VQg9

OTHER: http://themoneygps.com/donate


AUDIOBOOK: http://themoneygps.com/store

T-SHIRTS: http://merch.themoneygps.com

MY FAVORITE BOOKS: http://themoneygps.com/books


Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2020


The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

#money #finance #invest

 

Twitter          Instagram          Facebook


# T h e  M o n e y  G P S

Report

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 do you think?

Subscribe
Notify of
guest

2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

First Time in 90 Years Synchronized Triple Money Injection! U.S. Dollar Keeps Falling

Ghislaine Maxwell will try to get bail for the second time tomorrow