The IS gonna be a economic recession after all this.... The labor market IS gonna take a beat down due to Fauci's push for social distancing... While the virus will run it's course and subside? I believe that the economy is NOT going to be so lucky.... Some jobs ARE … [Read more...] about The American economy is gonna go sideways….
the Economy
Airliners and Amtrak begin begin cut’s in service…
Health experts want the country to stop traveling and meeting in groups larger than 50... American’s sweeping cuts include suspending nearly all long-haul international flights to Asia, Australia, Europe, New Zealand and South America. It will still operate two flights a … [Read more...] about Airliners and Amtrak begin begin cut’s in service…
Fauci confirms China and South Korea virus numbers ARE dropping ….
There where reports of this last week... Those two countries where between and month and 6 weeks ahead of America with the virus... For America? We'll get thru this... But what will the economy be like afterwards? Top infections disease official Anthony … [Read more...] about Fauci confirms China and South Korea virus numbers ARE dropping ….
Americans have been seeing empty grocery shelves…
Yup.... And the people working IN the stores are saying ...'No Trucks'.... When they do arrive and the shelves are restocked? They are cleaned out quickly... People ARE hoarding.... And with empty shelves? Stores are cutting back their hours... Added to this … [Read more...] about Americans have been seeing empty grocery shelves…
An Angry Donald Trump threatens the Fed Chairman’s job…..Update Fed cuts rate by a whole point..
UPDATE.... ...The Federal Reserve took emergency action and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset impact of the coronavirus … [Read more...] about An Angry Donald Trump threatens the Fed Chairman’s job…..Update Fed cuts rate by a whole point..
Hoarding in the stores due to virus and people home…
Saw it up close a few hours ago.... Parking lots full... No shopping carts... Some shelves empty.... A day after New York officials declared a state of emergency, hordes of shoppers flooded stores and emptied shelves, looking to stockpile groceries and household … [Read more...] about Hoarding in the stores due to virus and people home…
Trump waives federal student loan interest in response to coronavirus
President Trump said Friday that he had waived all federal student loan interest “until further notice” amid the coronavirus outbreak. Trump said he had done so by executive action during a ceremony in the Rose Garden Friday afternoon. “To help our students and their … [Read more...] about Trump waives federal student loan interest in response to coronavirus
Donald Trump relents…Calls a National Emergency over Virus and Economic fallout…
Somebody FINALLY gets the guy to take things seriously.... I'm watching the CEO's of large retail companies and medical companies say their few words on camera... Trump makes sure that each one says nice things about the CDC and the FDA... Trump being who he … [Read more...] about Donald Trump relents…Calls a National Emergency over Virus and Economic fallout…