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.
There have been considerable changes in 2020, just from a year ago. We have watched the markets fall and rise. Many have wondered what tomorrow will bring. More questions than answers. More uncertainty. More volatility. But one [thing] is for certain, our currency will lose value against real goods thanks to reckless policies, designed to enrich a small group at the top.
The Jobless Fear Being In Dire Straits As Savings Start To Run Out : NPR
‘I’m Still Unemployed’: Millions In Dire Situation As Savings Start To Run Out
Many unemployed Americans have been tapping into their savings to pay bills. But those savings are going fast, and hopes for a new round of pandemic relief before the election are fading.
AP-NORC/SAP poll: 1 in 4 US workers have weighed quitting
AP-NORC/SAP poll: 1 in 4 US workers have weighed quitting
New York (AP) – The coronavirus pandemic has put millions of Americans out of work. But many of those still working are fearful, distressed and stretched thin.
Coronavirus Pandemic Putting Damper on Holiday Shopping Season – WSJ
https://www.wsj.com/articles/coronavirus-pandemic-putting-damper-on-holiday-shopping-season-11603029601
Real wages to go backwards in 2021, warns Deloitte
https://thenewdaily.com.au/finance/work/2020/10/19/economy-shattered-deloitte/
The next economic crisis: Empty retail space – POLITICO
https://www.politico.com/news/2020/10/18/next-economic-crisis-empty-retail-space-429994
INSIGHT-Time’s up: After a reprieve, a wave of evictions …
https://news.trust.org/item/20201019090659-2vef1
Store closures: twice the rate of last year as net decline now at highest level in five years
Store closures: twice the rate of last year as net decline now at highest level in five years
Shop closures have hit record levels in the first half of 2020 according to research by the Local Data Company and PwC UK.
Host a Private Movie Showing at AMC
https://www.amctheatres.com/rentals
Pentagon estimates cost of new nuclear missiles at $95.8B
Pentagon estimates cost of new nuclear missiles at $95.8B
WASHINGTON (AP) – The Pentagon has raised to $95.8 billion the estimated cost of fielding a new fleet of land-based nuclear missiles to replace the Minuteman 3 arsenal that has operated continuously for 50 years, officials said Monday.
Federal Reserve debates tougher regulation to prevent asset bubbles | Financial Times
Federal Reserve debates tougher regulation to prevent asset bubbles
Officials worry that low interest-rate policies could encourage excessive risk-taking
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These Are the World’s Best (And Worst) Pension Systems in 2020 – Bloomberg
Miso Robotics Flippy robot on sale for $30,0000 – Business Insider
Flippy, the $30,000 automated robot fast-food cook, is now for sale with ‘demand through the roof’ – see how it grills burgers and fries onion rings
Flippy can cook 19 items, including Impossible Burgers, chicken wings, and hash browns, replacing the need for staff to do so.
Smoothie-making bot at Walmart signals the rise of the robot fast-food worker
https://finance.yahoo.com/news/smoothie-making-bot-walmart-signals-230043937.html
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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.
Investors are asking what are the best tech stocks to buy in 2020. Many financial analysts are looking at different stocks in the tech sector but also in others. We are watching extreme valuations in growth stocks. The economy right now in 2020 is a very different scenario.
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 »
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Of course the UK is suffering as we see here:
UK Column News – 21st October 2020
Effectively the “western international community” has self destructed.
Meanwhile the global “south” and “east” watches in despair:
https://valdaiclub.com/multimedia/video/live-valdai-club-presents-its-annual-report-the-utopia-of-a-diverse-world-how-history-goes-on/
More here:
https://valdaiclub.com/multimedia/video/the-world-is-not-sulking-opening-of-the-17th-annual-meeting/