As governor's lift virus restrictions.... People leave home and begin buying things not just on-line and not just water, toilet paper and paper towels.... But? A LOT of people aren't back to work.... And some are just getting laid off.... Sales are still off for … [Read more...] about Retail sales number up for May….But?
The economy
Congress has to decide on the extra $600 a week jobless money….
While some Republicans want to stop the extra money at the end of July.... The Fed Chair, Trump and the Democrats want it to continue... Trying to tag amounts it to prior salary amounts won't work either... Congress is under pressure to extend expiring unemployment … [Read more...] about Congress has to decide on the extra $600 a week jobless money….
Breaking!….The Fed Reserve will begin just loaning money to big corporation’s directly….
This IS a sleeper that will NOT go unnoticed by Wall Street... This smacks of the 2008/2009 debt crisis... They are proping up things.... The Federal Reserve is WORRIED.... They are moving ahead of the Trump admin and Congress who seem to be thinking about NOT pumping … [Read more...] about Breaking!….The Fed Reserve will begin just loaning money to big corporation’s directly….
Trump and Republicans are on different page’s on any more virus stimulus action….
White House trade adviser Peter Navarro says his boss wants a $2 trillion relief package to hold up the economy going forward.... Larry Kudlow, director of the National Economic Council, says no extension one the extra $600 unemployment money after July ? Something ain't … [Read more...] about Trump and Republicans are on different page’s on any more virus stimulus action….
Breaking…Stock Market craters…Down more than 1, 700 points at one point….
In reaction to the Fed Chair's warnings that the economy is NOT gonna get better in a 'V' recovery... And? Reports that virus spikes are growing in the South and Mid West.... And? The Treasury Sec saying the country CANNOT survive economically another country wide … [Read more...] about Breaking…Stock Market craters…Down more than 1, 700 points at one point….
Donald Trump says the economy is his answer against racism?
Ah Donald? Ya keep ducking dealing with you bad side directly, eh? Don't want to get to close to things from behind that 'fence' you have around you and your house we pay for, eh? President Trump said Friday that the greatest thing that can happen for race relations … [Read more...] about Donald Trump says the economy is his answer against racism?
The Big Apple could go broke form the Virus economic hurt….
New York Mayor de Blasio has been blunt in his push to reopen his city or get a big government bailout check.... If no one wants to help? De Blasio wants to borrow to 7 Billion dollars to keep things running without drastic cuts in services...The city could be forced to … [Read more...] about The Big Apple could go broke form the Virus economic hurt….
Home mortgage payments begin to fall behind….
Not working....Less money? Ya eat.... You do NOT pay the mortgage... Last time the American economy tanked? It was the housing/real estate market.... And that took years to come back... This economy drop is way worst.... Delinquencies on home mortgages spiked … [Read more...] about Home mortgage payments begin to fall behind….