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 unbelievable rise of stocks has been unfazed throughout this period of trauma, of stress, and of ultimate chaos. Look around and the stats have ranged from below normal to absolutely horrible. What’s the solution? Growth. Growth will fix it all. And what we can’t grow out of, we’ll just add more taxation to fill those gaps. What a load of garbage. But I guess people are servants to their overlords anyway. They’ll accept what they’re given, regardless of how bad it gets. Just give them their Panem et Circenses, their bread and circus.
Black Knight’s First Look at July 2020 Mortgage Data
https://www.blackknightinc.com/black-knights-first-look-at-july-2020-mortgage-data/
Mortgage delinquencies are on the rise – The Washington Post
Serious mortgage delinquencies soared to a 10-year high last month
Overall mortgage delinquency numbers are improving, but the delinquency rate for homeowners who are seriously behind in their payments is soaring.
Bubble Watch: 5.5% of mortgages in California are delinquent – Orange County Register
Bubble Watch: 5.5% of mortgages in California are delinquent
3.5% of California’s unpaid mortgages are “seriously delinquent” – 90 days or more late.
American Airlines is cutting 19,000 jobs when federal aid expires in October
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More Than Half Of San Francisco Storefronts Closed Due To Pandemic – CBS San Francisco
More Than Half Of San Francisco Storefronts Closed Due To Pandemic
According to the San Francisco Chamber of Commerce only 46 percent of storefront businesses in San Francisco that were open at the beginning of the pandemic are still operating.
The Great Inflation Debate Is Heating Up With Trillions at Stake – Bloomberg
Winter is coming — and restaurants are scrambling – CNN
Winter is coming – and restaurants are scrambling | CNN Business
For months, restrictions on indoor dining have forced restaurants across the country to rely on outdoor seating to survive. But as the weather gets colder, that lifeline is going away.
Inflation will become a serious headwind on a vaccine: Peter Boockvar
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One in Three Cars Worldwide Is Produced in China – 22664.jpeg (1200×1629)
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Condo Supply Soars in Greater Downtown Miami
Condo Supply Soars in Greater Downtown Miami
The supply of unsold condos is growing in downtown Miami, as the pandemic continues to pummel South Florida’s economy. Greater Downtown Miami has more than 30 months – or two-and-a-half years – of supply of condos, and 100 months – or more than eight years – of supply of luxury units, according to an analysis […]
N.J. Budget’s $1 Billion in New Taxes Targets Millionaires – Bloomberg
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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 financial issues from 2008 never ended. In fact in many ways they are worse. They will tell you the same line over and over again “The banks are more capitalized today” and everyone just goes back to sleep. But what they don’t realize is that they just created new schemes to try and make profit.
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 »
I seriously can’t believe that there is a large group of people who ignores reality. I see the madness everyday and yet I’m still surprised by it. What an interesting time. Do you think people are delusional about what’s going on?
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