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THIS Has Never Happened Before! Stock Market Enters Dangerous Mega Feedback Loop

STOCKS AND POVERTY RISE

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We have never seen such disparity. There have been wacky times in history but nothing has ever been so exaggerated. But no need to worry because as the masses have suggested, the Fed is there to save us all. Right?

 

Tesla jumps 12% as stock split takes effect, Apple gains 3%

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Virgin Galactic: Cowen survey of high net worth individuals for spaceflight

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People Line Up In Record Numbers At Alameda Co. Food Bank In COVID-19 Economy – CBS San Francisco

People Line Up In Record Numbers At Alameda Co. Food Bank In COVID-19 Economy

The pandemic has pushed food insecurity to levels not see in decades and people are relying on food banks more than ever here in the Bay Area.

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China’s big banks face fallout as pandemic forebearance expires – Reuters

https://www.reuters.com/article/us-china-banks/chinas-big-banks-face-fallout-as-pandemic-forebearance-expires-idUSKBN25Q0EO

J.C. Penney sale talks stall, pushing retailer to brink – Reuters

J.C. Penney sale talks stall, pushing retailer to brink

J.C. Penney Co Inc’s talks with landlords for a rescue from bankruptcy proceedings reached an impasse, pushing the department store to the brink of collapse unless it can reach a deal within days to be taken over by lenders.

People Move From New York, New Jersey to Florida, Texas as Covid Boosts Mobility – Bloomberg

https://www.bloomberg.com/news/articles/2020-08-31/new-yorkers-flee-for-florida-and-texas-as-mobility-surges?sref=dukn3Rgh

Elon Musk Is Richer Than Mark Zuckerberg After Tesla (TSLA) Stock Split – Bloomberg

https://www.bloomberg.com/news/articles/2020-08-31/elon-musk-is-now-richer-than-mark-zuckerberg-on-tesla-surge?srnd=premium

Louisiana food banks turn from one crisis to another as Laura recovery begins | wwltv.com

Louisiana food banks turn from one crisis to another as Laura recovery begins

Leaders with Second Harvest say they were able to prepare thousands of meals because of volunteers helping in the organization’s kitchen in Lafayette and Harahan.


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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.We are entering a phase of the market cycle where some are looking at stocks in a positive way. Placing more cash, more money onto these stocks. Some are choosing bonds. The financial system is feeling the effects of low interest rates.

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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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