About 9 million people are set to exhaust unemployment benefits at the end of this year. What happens to spending at exhaustion? tldr: 1) people don’t prepare for exhaustion 2)
by confoundedinterest17 (Bloomberg) — Fed Chair Jerome Powell will likely avoid discussing election results at Thursday’s FOMC press conference and instead stress the urgency for further fiscal support while remaining neutral on
by confoundedinterest17 (Inman) About 1.6 million residential properties in the U.S., or about 1.6 percent of all homes, are currently vacant, according to a new report from Attom Data Solutions. The Midwest
by Gregory Mannarino of Traders Choice CRITICAL ALERT: Europe Is Shutting Down. Pan-Sell Off. MUST WATCH.
by confoundedinterest17 Trepp – Commercial real estate (CRE) loans in bank portfolios are showing stress related to the economic downturn and signs that some borrowers are already expecting to default on their
by visualcapitalist Chains are only as strong as their weakest link—and recent COVID-19 shutdowns have affected every link in the gold supply chain, from producers to end-users. Increased investor demand for
Noting that the global spread of COVID-19 this year has sparked “the worst humanitarian crisis since World War Two”, Executive Director of the World Food Programme (WFP) David Beasley pointed to deepening crises, more
Truck Drivers / Trucking companies often find out things before anybody else, especially in an emergency situation that we are in because without truck drivers everything stops and we see
Authored by Richard Trzupek via The Epoch Times, According to the official, widely reported story, Pacific Gas & Electric (PG&E) shut down substantial portions of its electric transmission system in northern California as a
Around the world, governments are hitting on a modish new idea: Turn the internet off. Sometimes they mean it literally. Methods vary, but the trend is clear enough. Countries are
by GoldCore – Internet’s “off switch” increasingly used to curb political and economic freedom – Internet shutdowns were seen 188 times throughout the world in 2018 (see table) – Democratic India