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.
More layoffs. More store closures. More economic hardship. But it doesn’t matter because the stock market is rising, right? What a joke this has become. You can’t ignore the majority and look at the few. Most of the population inside and outside of the US are worse off today than a year ago. The stimulus isn’t working. Buying corporate bonds of Apple doesn’t fix the economy. But they stuff it down your throat. Will you take it?
Disney to lay off 28,000 employees as coronavirus slams theme park business
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Unfriendly skies: Airline workers brace for mass layoffs
Unfriendly skies: Airline workers brace for mass layoffs
DETROIT (AP) – The worries are growing for United Airlines flight attendant Jordy Comeaux. In a few days, he’ll be among roughly 40,000 airline workers whose jobs are likely to evaporate in an industry decimated by the coronavirus pandemic.
US retail bankruptcies and store closures hit record
US retail bankruptcies and store closures hit record
Retail bankruptcies, liquidations and store closings in the U.S. reached records in the first half of 2020 as the COVID-19 pandemic accelerated industry changes, particularly the shift to online shopp… Already an INSIDER? Sign in. We are glad you enjoy reading Business Report. Continue reading this story and get ACCESS to all our content from […]
Manhattan Offices Are Nearly Empty, Threatening New York City’s Recovery – WSJ
https://www.wsj.com/articles/manhattan-offices-are-nearly-empty-threatening-new-york-citys-recovery-11601371800
Coronavirus: Movie theaters in jeopardy as studios move blockbusters to 2021
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Gold’s Record High Gives New Life to Dollar Doomsayers – WSJ
https://www.wsj.com/articles/golds-record-high-gives-new-life-to-dollar-doomsayers-11601371358
SocGen’s maths geeks built an empire: do the sums still add up? | Financial Times
SocGen’s maths geeks built an empire: do the sums still add up?
The French bank became the world leader in equity derivatives but the products are no longer seen as safe
German Inflation Further Below Zero Bolsters Stimulus Case – Bloomberg
Germany Says EU’s Massive Stimulus Package at Risk of Stalling – Bloomberg
Bailey Says BOE Hasn’t Yet Reached a Judgment on Negative Rates – Bloomberg
Property investment – Britain’s coming commercial property slump | Britain | The Economist
Britain’s coming commercial property slump
It will hit pensioners, foreigners and the queen | Britain
Policy Makers Should Be Able to Lift Rates: Dallas Fed President Robert Kaplan – Bloomberg
Federal Reserve Bank of San Francisco | Commercial Banks under Persistent Negative Rates
https://www.frbsf.org/economic-research/publications/economic-letter/2020/september/commercial-banks-under-persistent-negative-rates/?utm_source=mailchimp&utm_medium=email&utm_campaign=economic-letter
Queen to receive government ‘bailout’ to top up income after Crown Estate hit by economic slump | The Independent
https://www.independent.co.uk/news/uk/politics/queen-bailout-coronavirus-sovereign-grant-royal-family-b572508.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.
The money that has been invested in 2020 has been pushed into equities, stocks. We have also seen flows into bonds, debt but not nearly as much as with stocks. Interest rates are very low and this has been very good for stocks.
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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