Despite the stimulus-fuelled Stock Market surge, corporate bankruptcies in the US are worse than the 2008 crash…. Deficit spending double GFC

‘America Is Not Winning This War With Recession Yet’

Consumer confidence dropped for the second month in a row, sparking fears among experts about economic recovery.

More Pain Ahead for Landlords as Restaurant Bankruptcies Poised to Balloon in Coming Months

Restaurants have so far limped along through the worst of the coronavirus pandemic. But key pillars of support for their businesses will soon evaporate, spelling disaster for their eateries — and their landlords.

Monetary Policy Gone Wild: A Lost Generation of US Growth?

The Fed could be setting the US economy up for a harder fall down the road.

U.S. Bank Profits Down 70% From Year Prior on Coronavirus Uncertainty

U.S. bank profits were down 70% from a year prior in the second quarter of 2020 on continued economic uncertainty driven by the coronavirus pandemic, a regulator reported Tuesday.