The constant up's and down's of the market ended up this Friday... The move up seems to be based on the view that more virus restrictions will be coming down... Dow Jones Industrial Average rises 455 points The Dow gained 445.43 points, or 1.91%, to close at 24,331.32. … [Read more...] about Friday 5/8/2020 stock market closed up 455 points….Optimism?
economy
Trump White House to pivot away from the virus to the economy….Update…
*Update... Seem's Trump was told NOT to have this done in public.... I'm sure the Task Force IS benign phased out anyways... CNN Breaking News @cnnbrk The White House coronavirus task force will continue "indefinitely" but shift focus, … [Read more...] about Trump White House to pivot away from the virus to the economy….Update…
California set to reopen retail this week….
Pivoting form the beach opening tanglement, California Governor Newsom is getting ready to reopen the state's retail businesses a bit... As with other states... The action will be stages WITH social distancing requirements... The state of play: Under new guidelines, … [Read more...] about California set to reopen retail this week….
Some people don’t have rent or mortgage money….
Out of work from the virus troubles? Some people aren't gonna be able to pay their rent... For their home... And/Or for their business... THIS IS gonna be felt in the economy... I'd think very landlord's, banks or mortgage company are gonna just be ok with the … [Read more...] about Some people don’t have rent or mortgage money….
George Bush ask’s for ’empathy and compassion’ for those affected by the virus and economic devastation…
The former President seems to be contrasting HIS efforts after 9/11 with Trump's hand-off dealing with the current virus situation... Compassion is something his party leader, President Donald Trump , has shown NONE of.... His video message was part of an effort by a group … [Read more...] about George Bush ask’s for ’empathy and compassion’ for those affected by the virus and economic devastation…
The re-Birth of Moderate Republicans?
A chill wind is blowing across America... It carries a virus and downturned economy.... And it has an echo of Donald J. Trump ..... Something we haven't heard mentioned in a few years is responding.... Moderate Republicans... With a general election coming in 6 … [Read more...] about The re-Birth of Moderate Republicans?
Reopened restaurants…Masked workers… Divided and Less seating…
As more states 'open up'.... Stores and restaurants work to figure out how to accommodate some sort of social distancing.... Some places won't open because such restrictions won't allow enough business to pay the bills and staff... Some will.... And some people … [Read more...] about Reopened restaurants…Masked workers… Divided and Less seating…
Some Governors…Go back to work or risk losing unemployment benefits…
With the n umber of virus cases receding around the country (SLOWLY?) some governor's have become anxious to restart their economies.... The 'stay at home' orders are gonna cut HUGE holes in their budgets from lost tax revenue.... But as they see things 'reopen'? Scared … [Read more...] about Some Governors…Go back to work or risk losing unemployment benefits…