A man from Point Roberts, with strong ties to Vancouver, says the toll COVID-19 has taken on his town has been “absolutely devastating” to their economy.
Large retail chains are abandoning New York, a sign of how badly the pandemic has hurt the city’s economy. With astronomical rents, no tourists and few commuters, “there’s no reason to do business in New York,” said one restaurant executive.
The correction in all asset prices is likely a longish journey down to test 4 price in a shrunk global economy & a quest 4 green shoots. he journey started with correction in Technology stocks in NADAQ COMP & has now extended to S&P 500. Take profits & don’t buy dips hereon.
Your reminder that America's richest 1 percent now own half the value of the U.S. stock market. The richest 10 percent own 92 percent. So when Trump says the stock market is the economy, know who he's really talking about.
Tonight people in Beirut are going to sleep in shattered homes, during a deadly pandemic, with a collapsing economy led by corrupt politicians, surrounded by countries that have attacked & threatened them and a world that has abandoned them and their refugees. They deserve better
The richest 400 Americans sit on $3 trillion—the size of the entire UK economy. The billionaire class now pays a lower tax rate than people living paycheck to paycheck. The looting of America has been going on for over 40 years—and the culprits are the ultra-rich.