Huh? Things are slowly going sideways and people MAKING MONEY. gambling on stocks? Right now? It'a about a vaccine going out for testing with tens of thousands people... And Trump's dream that everything will quickly right itself.... Buoyed by heightened activity … [Read more...] about The Market rallies and keeps climbing as the country deals with a virus and dropping economy…
The economy
Trump admin will keep jobless extra benefits checks coming….
Told ya so.... To have stopped the supplemental unemployment checks LESS than 4 months from Election Day would a REAL STUPID idea by Trump & Co....(The amount of the weekly checks after July is likely to be in the $450 range....)...Some state are re-closing down , which … [Read more...] about Trump admin will keep jobless extra benefits checks coming….
Joe Biden’s one weakness…The Economy…Open Thread for July 14, 2020
In just about EVERY poll out there between Joe Biden and Donald Trump Biden leads on everything EXCEPT the economy.... While the Trade War is out there, unemployment numbers and claims are thru the roof, small businesses are suffering and state are beginning to0 shut down … [Read more...] about Joe Biden’s one weakness…The Economy…Open Thread for July 14, 2020
Small Business owners run out of time…..
American BIGGEST amount of business IS Small Business... NOT the big companies.... Small businesses don't get headlines.... They can't stay closed for extended periods of time... They don't have big bank lines of credit... With no customers? They just disappear … [Read more...] about Small Business owners run out of time…..
1.3 million people applied for new jobless benefits last week …
The weekly numbers have dropped since April... But MILES above the numbers before the virus lockdowns and restrictions began... And? Some increases are creeping back with some states may be in for additional lockdowns in the future along with state and local government … [Read more...] about 1.3 million people applied for new jobless benefits last week …
4.8M jobs added to economy in June…Jobless rate drops to still not so good 11.1%….
A little bit of alright news.... But some state's are closing some social things back down.... And? Local and State Government's are working own budgets for next year that will have cuts and maybe furloughs and lay-offs.... This is NOT gonna be a 'V' shaped … [Read more...] about 4.8M jobs added to economy in June…Jobless rate drops to still not so good 11.1%….
Yes…Donald Trump IS. losing some who help put him in office …
The NY Times sits down with people who voted for Trump last time ,.. We get a snapshot of them and why some of them have changed their minds... For some, the disenchantment started almost as soon as Donald J. Trump took office. For others, his handling of the coronavirus and … [Read more...] about Yes…Donald Trump IS. losing some who help put him in office …
Unemployment claims are $1.4M for last week….
It has been 14 weeks since the claims have been over a million from the virus shutdowns and restriction's on America .... While NorthEastern states are sending people back to work? Southern and MidWest states are having increased virus infection rates and may have to … [Read more...] about Unemployment claims are $1.4M for last week….