The stock market frenzy leading to a climax in 1929 ended, and the ensuing crash occurred, precisely when investors realized that a recession was about to strike an overheated stock market. This is exactly where we stand now.#StockMarket #recessionhttps://t.co/4jGnmwKuC6
— GnS Economics (@GnSEconomics) October 15, 2020
🇺🇸 Jobless claims jump, hitting highest level since mid-August
Initial claims 898,000 (previous 845,000).
Continuing claims declined by 1.165 million to just over 10 million#US #recessionhttps://t.co/RjCY8degez pic.twitter.com/Ju9BEHF94X— GnS Economics (@GnSEconomics) October 15, 2020
Double-dip #recession ahead in #Europe? pic.twitter.com/BWWxXagL5O pic.twitter.com/dsxR86xbmm
— Global.TV (@GlobalTelevsion) October 19, 2020
Stop measuring the economy by how well the rich are doing. The bottom 50% have LOST a trillion in wealth since the late '80s, and many Americans never recovered from the '08 #recession. We need real #StimulusNow, and investment in American families. pic.twitter.com/uzXuJjfQWG
— Liam O'Mara for Congress (@LiamOMaraIV) October 19, 2020
US Investment Grade corporate bonds have fully priced out the possibility of another #recession as the #FederalReserve keeps buying. pic.twitter.com/hrFTmpoMo3
— jeroen blokland (@jsblokland) October 19, 2020