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 economic situation is not one which looks positive for the foreseeable future. Many of the current issues, like the lack of a solution for jobs, just won’t come about in 2020. Stimulus measures are not solutions of course and must eventually be paid back. Knowing that higher taxes is the only way to wind down the amount of debt in place, economic growth which was already trending down, is sure to slow even further. But don’t let me try and convince you. Look at the data itself.
Why some states are struggling to pay unemployment benefits
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COVID-19: Protecting workers in the workplace: COVID-19 leads to massive labour income losses worldwide
COVID-19 leads to massive labour income losses worldwide
A new ILO analysis of the labour market impact of COVID-19 reveals a “massive” drop in labour income and a fiscal stimulus gap that threatens to increase inequality between richer and poorer countries.
[ILO Monitor: COVID-19 and the world of work. Sixth edition Updated estimates and analysis] wcms_755910.pdf
Click to access wcms_755910.pdf
It’s too risky to put new money in stocks: Wells Fargo’s Chris Harvey
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The Sell-Off Is Overdone. The Correction May Not Be. 09-25-20 – RIA
The Sell-Off Is Overdone. The Correction May Not Be. 09-25-20
After three weeks of a decline, it is likely the sell-off is overdone. However, the correction over the longer-term may not be.
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Market volatility prompts investors to seek out long-short equity | Reuters
Market volatility prompts investors to seek out long-short equity
Stretched valuations and the resulting pullback in equities have prompted more interest in long/short fund strategies that can provide some protection against market declines and wild swings, hedge fund and asset managers say.
San Francisco housing: Suburbs red-hot, but city still in demand
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Ex-Deutsche Bank Gold Traders Found Guilty in Spoofing Trial
Ex-Deutsche Bank Gold Traders Found Guilty in Spoofing Trial
(Bloomberg) — Federal prosecutors behind a sweeping crackdown on market “spoofing” scored a big win Friday after a Chicago jury convicted former Deutsche Bank AG traders Cedric Chanu and James Vorley of fraud for manipulating gold and silver prices.
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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.
The stock market has accelerated in 2020 as we watch tech stocks rising higher in a short period of time. The financial companies have not done so well. Low interest rates, debt, and mortgages are all here, interconnected.
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 »
Interesting report:
https://21stcenturywire.com/2014/02/26/fasten-your-seatbelts-the-coming-global-monetary-reset/
In your opinion, do you think the government is able to handle this economic crisis?
#TheMoneyGPS
Interesting account: inside the USA and outside the USA
“More Orchestrated Chaos As Greedy Globalists Fight Over Libya – with Guests Jimmy & JoAnne Moriarty”