There has been so much money flowing in from the central banks that you can see the speculation right in front of you, it’s everywhere. This is the most risk-taking ever in history but unlike in previous bubbles, there’s so much denial from basically everyone it’s unheard of, but that’s besides the point. The real issue here is that we have so much fiat floating around and yet the economy is actually in such a horrible position globally, that disparity should be looked at more closely.
Fed decision December 2020: Buying bonds until economy hits full employment
The Federal Reserve on Wednesday made a key adjustment to its efforts to support the economy, while upgrading its outlook for growth. As expected, the Fed held benchmark interest rates near zero following the conclusion of its two-day meeting.
Federal Reserve Board – Federal Reserve issues FOMC statement
December 16, 2020 For release at 2:00 p.m. EST The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world.
Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed
Source: Board of Governors of the Federal Reserve System (US) Release: H.4.1 Factors Affecting Reserve Balances Units: Frequency: Suggested Citation: Board of Governors of the Federal Reserve System (US), Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level [WALCL], retrieved from FRED, Federal Reserve Bank of St.
Expected Growth Rate to Return to Normal | Real Investment Advice
Nearly 8 million Americans have fallen into poverty since the summer – The Washington Post
The U.S. poverty rate has surged over the past five months, with 7.8 million Americans falling into poverty, the latest indication of how deeply many are struggling after government aid dwindled. The poverty rate jumped to 11.7 percent in November, up 2.4 percentage points since June, according to new data released Wednesday by researchers at the University of Chicago and the University of Notre Dame.
Americans Run Down Checking Accounts as Aid Cutoff Approaches
Americans’ cash cushions have been declining for months, most acutely among low-income households, underscoring the already-precarious financial situation of the millions of people who may soon lose their jobless benefits.
Cash Buffers Falling | Year-over-year dollar change of median household checking account balances
Alignable: 49% Of Minority SMBs Can’t Afford December Rent – Alignable
DATA INSIGHTS | TREND TRACKER | Based on the latest Alignable Rent Poll, the ability of small businesses to pay their full rent in December continues to decline, as more COVID-related shutdowns occur. Overall, 35% of small business owners reported that they couldn’t make rent this month (up 3% from 32% in November).
While stocks have seen such a great flow of capital into them the economy is in a different place in 2020. We are seeing the accumulation of debt right now and it is increasing. There is more and more currency flowing into markets of all kinds. More speculation on which tech stocks are best in 2021.
— APPENDICES —
- The Money GPS: If You’re Dealing With Unemployment, Wage Cuts, or Crisis THIS Is What You Must Do
- The Money GPS: Who Controls the World? These Organizations, Institutions, and Families Run the Show
- The Money GPS: Rothschild and Rockefeller Team Up With the Vatican! Follow the Money…
- The Money GPS: The Broken Economy Leaving Millions Without A Job! Economic Crisis or Opportunity?
- The Money GPS: BIS Central Banker Admits EPIC Level Crisis Is the Most Likely Result of Global Mass QE
— FOOTNOTES —
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.
We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt
INTERESTING CONCEPT. One business falls, another may to pop up. Those who get the trend but don’t overextend may position for future. Not just gyms but think of how may new businesses are out there today that were not in existence or just in infancy last year. Big changes fast.
IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta
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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.
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