In 1907, the United States went into a nasty recession due to a historic Earthquake which destroyed much of the west coast, especially San Diego. The damage was so bad J.P. Morgan went to the Rothschild’s of Europe for help. In 2008, the world seemingly came to an end due to the Great Recession created […]
Amazon.com delivered the punch to many retailers. The coronavirus will knock many more of them off. Even as malls and stores begin to reopen, the Covid-19 pandemic has taken a toll on an industry already battered by the shift to online shopping. More than two million retail jobs disappeared in April as many stores closed. […]
So far states that are easing coronavirus shutdowns aren’t seeing a big spike in Covid-19 infections, though that might be too early to tell. Of course, states are not flipping a switch from complete shutdowns to fully open. Also, businesses and individuals continue to follow social distancing and wearing masks to a great extent. Cases […]
It was a daytime drama, also known as a soap opera from the 70’s. It was always filled with a lot of drama and pandemonium, kind of like today’s news. As a matter of fact, I think today’s news has replaced the mantra of those daytime drama shows. Except now, instead of actors, journalists play […]
Chicago Federal Reserve leader Charles Evans said Monday the most probable outlook still holds for a modest economic recovery in the latter half of the year as the nation continues to navigate the coronavirus crisis. “For a baseline outlook, it’s reasonable to assume a legitimate return to growth in the second half of 2020 and […]
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