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People can’t get out of New York fast enough. Job numbers seasonally adjusted for coronavirus? Multiple kinds of unemployment numbers. Why not just use…um… a computer to get real data? FICA tax withholding is it just a loan? Mortgage moratorium coming to an end.
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The riots, the rules, the ruins. Businesses are dying.
Some states open but job numbers miss by a mile.
People moving out of major cities in droves.
GM to Mexico.
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Maybe we should ask people to leave their ideas back at the state they ruined before moving to a new state. Plus - Restaurant updates with no “butts in the seats” will they survive? The second wave of huge layoffs are coming. Utilities being shut off. Real estate is becoming unattainable for the middle class.
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Credit lines cut. Ongoing Protest. Gas tax increase. States will get creative.
Layoffs round two. Gold and your 401K.
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Fed keeps the printing press rolling.
Plus Virginia voting to reduce penalties for assaulting police.
Layoffs - huge companies huge numbers.
Nancy Pelosi and Control?
Truth about California rolling blackouts.
100 billion in food aid
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Danielle DiMartino Booth on the Fed and the Virtual Jackson Hole meeting.
Jobless claims. No rate increase for a long time.
Dems hope the crash of the economy will win them votes.
Less and less banks every year.
2021 the mom and pop businesses will be gone forever.
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They want Jay Powell to say they are never going to raise rates again.
Unemployment rate doesn’t include gig employees. Payroll tax holiday coming?
The middle class is shrinking.
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What Wall Street wants to hear is not good for us.
Debt with no productivity. Mortgages 90 days past due has increased.
Jingle mail returns. Exodus of big cities. Fed wants inflation to double.
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The House of Representatives wants to save the post office. Just in time for the upcoming election. Plus virtual Jackson Hole event. Flash crash. Tesla. Corporate and hotel bankruptcies to break records.
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Not a bad day for Apple. The Chicago mayor has the right to protect her home from protesters. The city? Well... Existing home prices are skyrocketing. Unemployment and gig workers. Congress said Wall Street is fine and that's why they left.
Is Tesla now worth more than Wallmart?
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