U.S. Economic Data Now Worse Than During GFC.

Coronavirus Will Shrink Us Home Prices but Deeper Dive Could Be in Store

Home prices have only fallen nationally once since the Great Depression, and that was after the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow.

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Small Businesses, That Couldn’t Get PPP Loans, have few months To Survive

“Just 13% of the 45% who applied for a PPP loan were approved…”

We Can’t Save a Fragile Economy With Bailouts That Increase Fragility

By bailing out the sources of systemic fragility with trillions of dollars, the Fed has shifted the risk to the entire financial system and the nation’s currency.

Mend the Disconnect Between Wall Street and Main Street

Just a few weeks into the coronavirus crisis, many are already pointing to the striking contrast between what has happened to the real economy and financial markets. This Main Street versus Wall Street tension is fueled both by legacy and current issues and sheds light on the state…

GE Aviation Unit – To make ‘Permanent’ Job Cuts up to 13,000