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More Than 50% of Households in THESE 4 Largest U.S. Cities Could NOT Pay Their Bills!

50% ARE BROKE.

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.

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The majority of people today have serious problems with their finances. They are running on fumes. Redlining it. Pushing it to the max. When a person gets a raise at work, they buy a new car, move into a new house, take expensive vacations, and generally spend more. They don’t have more left over at the end of the day, until their income goes far above the median level.

 

More than half of households in 4 largest U.S. cities struggled financially during pandemic, poll shows

More than half of households in 4 largest U.S. cities struggled financially during pandemic, poll shows

The latest Speed Read,/speed-reads,,speed-reads, breaking news, comment, reviews and features from the experts at The Week

Half of Households in the Four Largest U.S. Cities Report Serious Financial Problems Including Depleted Savings, and Trouble Paying Bills or Affording Medical Care: Poll – RWJF

Poll: Half of Households in the Four Largest U.S. Cities Report Serious Financial Problems Including Depleted Savings, and Trouble Paying Bills or Affording Medical Care

A poll by NPR, Harvard T.H. Chan School of Public Health, and RWJF reveals serious financial problems reported across a wide range of areas during the coronavirus outbreak.

Business Vacancies Rise on New York City’s Broadway – WSJ

https://www.wsj.com/articles/business-vacancies-rise-on-new-york-citys-broadway-11599652800#:~:text=Coronavirus%20pandemic%20strains%20companies%20along,street%2Dlevel%20vacancies%20along%20Broadway.

How newly minted companies, copycat websites cashed in on PPP | Miami Herald

Copycat websites, newly minted companies, double dippers cashed in on PPP loans

Some of the companies that cashed in on PPP loans seem to have come into existence right before the emergency loan program started. Others double dipped. A look at how vulnerabilities may have been exploited.

Coronavirus travel: Labor Day travelers hit nearly 6-month high but weekend caps dismal summer

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(16) Jim Bianco on Twitter:

“The NASDAQ completed a 10% correction just 3 trading days after setting a new all-time high (September 2). This sets a new record for the fastest 10% correction in history. The old record was 6 trading days from Feb 19 to Feb 27, 2020. The NASDAQ Index started in 1978. https://t.co/aAut3Hhphq” / Twitter

Jim Bianco on Twitter: “The NASDAQ completed a 10% correction just 3 trading days after setting a new all-time high (September 2). This sets a new record for the fastest 10% correction in history.The old record was 6 trading days from Feb 19 to Feb 27, 2020.The NASDAQ Index started in 1978. pic.twitter.com/aAut3Hhphq / Twitter”

The NASDAQ completed a 10% correction just 3 trading days after setting a new all-time high (September 2). This sets a new record for the fastest 10% correction in history.The old record was 6 trading days from Feb 19 to Feb 27, 2020.The NASDAQ Index started in 1978. pic.twitter.com/aAut3Hhphq

(16) Holger Zschaepitz on Twitter:

“Swiss National Bank is one of the leading tech investors in the world. 28% of SNB’s Equity portfolio is allocated to tech stocks. Swiss CenBank has 17.4mln Apple shares worth $6.3bn or 538k Tesla shares worth $630mln. https://t.co/F6d6E1wmsM” / Twitter

Holger Zschaepitz on Twitter: “Swiss National Bank is one of the leading tech investors in the world. 28% of SNB’s Equity portfolio is allocated to tech stocks. Swiss CenBank has 17.4mln Apple shares worth $6.3bn or 538k Tesla shares worth $630mln. pic.twitter.com/F6d6E1wmsM / Twitter”

Swiss National Bank is one of the leading tech investors in the world. 28% of SNB’s Equity portfolio is allocated to tech stocks. Swiss CenBank has 17.4mln Apple shares worth $6.3bn or 538k Tesla shares worth $630mln. pic.twitter.com/F6d6E1wmsM

This US stock bubble could rank among the biggest in history | Financial Times

This US stock bubble could rank among the biggest in history

Just like in late-1980s Japan, wildly exaggerated growth stories have forced up prices

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How To Find Value In An Upside Down World – RIA

How To Find Value In An Upside Down World

The passive investing phenomenon of indiscriminately chasing the popular stocks and the largest companies is leaving behind some gems


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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.The stock market has been going higher and higher in 2020. The market has been appreciating just like real estate. Fundamentals are no longer required. Equities are going up with tech stocks leading.

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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.

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