Here in 2020, there are countless reasons to be cautious, and countless points of fragility. But the Wall St. side of this madness has accelerated beyond any previous bubble. We have gone way past the euphoria of earlier this year, 2008, and the Dot Com boom and bust. And yet few really see what’s going on. Few will acknowledge it. Just like the lump that continues to grow ever larger, hoping that ignoring it will make it go away… Until it comes to an end.
Federal Government Sent Workers Nearly $250 Billion in $600-a-Week Jobless Aid – WSJ
Coronavirus stimulus bill: Mnuchin open to restarting negotiations
Information: July 2020 Rent Report | NYC Hospitality Alliance
thenycalliance.org/information/july-2020-rent-report
Simon Property Group (SPG) reports Q2 2020 earnings fell
www.cnbc.com/2020/08/10/simon-property-group-spg-reports-q2-2020-earnings-fell.html
Braves’ finances hit hard: 95% drop in revenue; employee pay cuts
Median CPI: Latest Data
www.clevelandfed.org/our-research/indicators-and-data/median-cpi.aspx
Gold Price
Jim Cramer debuts new mantra: ‘No news is good news’
www.cnbc.com/2020/08/10/jim-cramer-debuts-new-mantra-no-news-is-good-news.html
gs q2 earnings.jpg (1130×388)
www.zerohedge.com/s3/files/inline-images/gs%20q2%20earnings.jpg?itok=T_JCwubA
Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed
fred.stlouisfed.org/series/WALCL
FRB: H.4.1 Release–Factors Affecting Reserve Balances– August 06, 2020
www.federalreserve.gov/releases/h41/current/
M2 Money Stock (M2) | FRED | St. Louis Fed