We are standing on the edge of the precipice. Unaware of our surroundings, we continue to risk it all. But those who watch in the distance know that just one gust of wind will be the gentle push to send us falling down. Today, this is what many people are experiencing: Those who are wholeheartedly facing massive and unlimited risk, and those watching it happen. The economic data is absolutely horrible. But the top 5 tech stocks have been performing as if nothing has happened. Eventually, everything will find balance.
The millions ‘hanging by a thread’ as coronavirus aid expires – BBC News
https://www.bbc.com/news/business-53534435
24 million Americans say they have little to no chance of being able to pay next month’s rent
11 million households could be evicted over the next four months
Coresight predicts record 25,000 retail stores will close in 2020
Zara owner to close up to 1,200 fashion stores around the world | Retail industry | The Guardian
announced US store closures.jpg (1280×1099)
https://www.zerohedge.com/s3/files/inline-images/announced%20US%20store%20closures.jpg?itok=ixGx1oth
completed store closures.jpg (1280×493)
https://www.zerohedge.com/s3/files/inline-images/completed%20store%20closures.jpg?itok=lVLiaaSe
African Diamond Mining: De Beers Rethinks Business Model – Bloomberg
World trade monitor | CPB.nl
https://www.cpb.nl/en/worldtrademonitor
Hertz Has To Sell 182,000 Cars by 2021
https://www.roadandtrack.com/new-cars/a33422578/hertz-has-to-sell-182000-cars-by-2021/
Workers are leaving the restaurant industry
(29) Alastair Williamson on Twitter: “behind the scenes: a “massive food bank line” is what one official told me https://t.co/MPktSSx46Y” / Twitter
(29) Alessio Urban on Twitter: “@StockBoardAsset Trump on portnoy’s interview said that the stock market is that the highs “we’re doing very well”” / Twitter
https://twitter.com/AlessioUrban/status/1287365053004615680
Big Tech Goes on Shopping Spree, Brushing Off Antitrust Scrutiny – Bloomberg
fed balance sheet 20 trillion.jpg (718×429)
