With news that the virus could just be levelling off in some places? Investor's did some buying.... The bullish sentiment was driven by a number of factors: While the White House acknowledged this week could be among the toughest for coronavirus hot spots like New … [Read more...] about Monday April 6th Stock Market opens Up, 1,000 points on ‘hope’….
the Economy
Rollout of Economic Relief Law Is a Mess….
Washington Post: “The Trump administration has stumbled in its initial push to implement the $2 trillion coronavirus aid package, with confusion and fear mounting among small businesses, workers and the newly unemployed since the bill was signed into law late last … [Read more...] about Rollout of Economic Relief Law Is a Mess….
The politics thing between NY Gov Cuomo and New Yorker US Senate Minority leader Schumer…
Folks? Politics is NEVER far below the surface with politicians... Even in times of crisis... After the virus thing subsides to a a manageable level? The NY Governor IS gonna have a hole in his budget of Billions due to uneploymnet claims and healthcare … [Read more...] about The politics thing between NY Gov Cuomo and New Yorker US Senate Minority leader Schumer…
NY Gov Cuomo…Some Good News on the virus front for the state?…
Deaths have dropped for several days as they have in Italy and Spain.... New hospitalizations and ICU numbers have also dropped.... Discharges from hospitals have climbed also... People ARE still getting sick... (Not just from the virus...) But by lesser numbers … [Read more...] about NY Gov Cuomo…Some Good News on the virus front for the state?…
Italy seems to have had a virus peak….
A piece of good news ... Italy and Spain have had decreases in virus cases for more than 3 days... Both have gone to social distancing.... America may peak sometime this week according top some... Italy, one of the European nations hit hardest by the coronavirus … [Read more...] about Italy seems to have had a virus peak….
The employee story at Jeff Bezos’s Amazon…
One of the back bones of the American economy right now... It's owner has personnel problems that needs addressing... As if in the darkest children’s fable ever told, the undisputed winner of the current plague turns out to be the man who already had everything, the king … [Read more...] about The employee story at Jeff Bezos’s Amazon…
Donald Trump is impatient with the virus restrictions….
Yea.... We are ALSO impatient.... But he has everything delivered to him... He can get his test results back in 5 minutes.. And he can control his environment ... Most of us can't... But we have to wait for the numbers so our Governor's can make the restrictions … [Read more...] about Donald Trump is impatient with the virus restrictions….
Unemployment rate moves up to 4.4%…It will keep climbing…
As more states tell people to stay home and practice social distancing? More people will stop working... The American economy is gonna take much longer then the time the virus should level off... Donald Trump has little control over all of this and his job IS … [Read more...] about Unemployment rate moves up to 4.4%…It will keep climbing…