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.
We have seen a complete change of pace in 2020. One in which has some very prominent economists completely at odds with each other. The stock market has accelerated thanks to a few massive tech companies. On the other end of the spectrum we have major establishments going under, bankrupt, closing stores, and leaving more people without work. When furloughs become layoffs, perhaps more people will wake up.
Barry Diller calls stock market ‘great speculation,’ says to save cash
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Soaring wealth during pandemic highlights rising inequality
Soaring wealth during pandemic highlights rising inequality
WASHINGTON (AP) – Americans’ household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in March.
New Lockdowns Could Lead Europe to Economic Depression | dlacalle.com
https://www.dlacalle.com/en/new-lockdowns-could-lead-europe-to-economic-depression/
Sweden Heavily Redacts BlackRock Report on Credit Market Woe – Bloomberg
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Without Aid, 74 Percent of U.S. Hotels Expect to Lay Off More Employees | Northstar Meetings Group
https://www.northstarmeetingsgroup.com/News/Hotels-and-Resorts/Coronavirus-Update-Hotel-Resort-Casinos-Closed-Economic-Impact
Grand Chicago Hotel in Foreclosure, a Symbol of Covid-19’s Toll on Hospitality Industry – WSJ
https://www.wsj.com/articles/grand-chicago-hotel-in-foreclosure-making-it-one-of-covid-19s-biggest-victims-11600767000
Hilton Laying Off 22% Of Corporate Workforce
https://www.forbes.com/sites/rachelsandler/2020/06/16/hilton-laying-off-22-of-corporate-workforce/#31ab4f6212bc
Can Brands Save Rome’s Monuments? – Bloomberg
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The stock market keeps going higher, lead by tech stocks. Technology stocks are benefitting from the low interest rates in place today. Financial companies have been unable to see their stocks rise like tech. Money and debt and cash.
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 »
It got quite intense near the end. Sick and tired of the nonsense out there today. I know I’m preaching to the choir but I’m sure you know countless people you speak to that you wonder if they’ve had their head buried in the sand or mainstream media their whole life. Either would be a lack of real information.
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Okay I was wondering what happened to Eric de Carbonnel…! lol. Great video.