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….
economy
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…
Jobless claims double in 2 weeks to a record 6.6 million….
And this n ump er will keep climbing as more states go to stay home orders..... An unprecedented 6.6 million people filed unemployment claims in the last week of March, meaning 10 million people have now filed for jobless claims since the coronavirus pandemic ripped through … [Read more...] about Jobless claims double in 2 weeks to a record 6.6 million….
Dow drops 800 points first day of April 2020….
There is little good news out there.... Stocks sank on Wednesday as Wall Street kicked off the second quarter on a sour note thanks to persistent concerns over the spread of the novel coronavirus. The Dow Jones Industrial Average traded more than 800 points lower, or 4%. … [Read more...] about Dow drops 800 points first day of April 2020….
Trump admin about to water down Obama era vehicle millage standards…
Thus continuing Donald Trump's efforts to erase anything with Barack Obama's name on it....And doing this while the nation's attention is on the virus crisis... California and other states are trying to oppose this as are car makers.... Less miles per gallon of gas is … [Read more...] about Trump admin about to water down Obama era vehicle millage standards…
Phase 4 Virus/Economic Stimulus bill in the works….
House Speaker Pelosi is at work on infrastructure based legislation... And Trump is in support of the effort even as some of his Republican US Senator's are hesitant .... Both seem to be looking for a post virus economy boost.... House Democrats are moving … [Read more...] about Phase 4 Virus/Economic Stimulus bill in the works….
Surprise!…Stock Market closes with a 700 point gain after Trump extends CDC guidelines….
One could have thought investors would be worried about increased jobless numbers... But I guess with the money tap open for business with the Phase III stimulus law and Congress already talking about M ORE taxpayer money getting thrown at businesses, banks and financial … [Read more...] about Surprise!…Stock Market closes with a 700 point gain after Trump extends CDC guidelines….