MASS Store Closures, Evictions, and the Debt Default Fiasco That Has Only Just Begun

The market has shown true resilience. Or perhaps ignorance. We are standing at a point in time in which those investing may very well know how heated the market is, but simply going ahead, full steam, pedal to the metal, to maximize appreciation. The hope here is that the Fed will stimulate further if the market were to fall. Clearly, without saying it, they have supported assets by devaluing the currency. Inflationary pressures have increased the wealth gap and will make it impossible for many to ever have a chance at recovery.

Don’t fear a 10% to 15% market correction: Long-time bull Ed Yardeni

www.cnbc.com/2020/09/07/dont-fear-a-10percent-to-15percent-market-correction-long-time-bull-ed-yardeni.html

Stock markets: CIO says tech bubble not expected to pop anytime soon

www.cnbc.com/2020/09/07/stock-markets-cio-says-tech-bubble-not-expected-to-pop-anytime-soon.html

UK house prices see biggest jump since 2016 to hit fresh high

www.cnbc.com/2020/09/07/uk-house-prices-see-biggest-jump-since-2016-to-hit-fresh-high.html

Singapore’s economy may shrink 7.6% on-year in third quarter: MAS survey

www.cnbc.com/2020/09/07/singapores-economy-shrink-7point6percent-on-year-in-the-third-quarter-mas-survey.html

‘A tale of 2 recessions’: As rich Americans get richer, the bottom half struggles – POLITICO

www.politico.com/news/2020/09/07/income-inequality-wealth-gap-409234

‘A tale of 2 recessions’: As rich Americans get richer, the bottom half struggles – POLITICO

www.politico.com/news/2020/09/07/income-inequality-wealth-gap-409234