America’s renters are facing a bleak winter. As of early November, 9 million of them were behind on their rent. Remaining COVID-19 unemployment insurance programs expire...
Stimulus Deal Stalls As McConnell Balks At Bipartisan Bill Tyler Durden Tue, 12/08/2020 - 12:05 Hopes of a bipartisan stimulus deal faded on Tuesday after failing...
The longer-term growth outlook for the global economy continues to improve. Most recently, the news that a number of vaccines are proving effective at preventing COVID-19...
As Covid-19 vaccines start to rollout in the West, the prospect of economic recovery strengthens. Many risks continue to lurk, of course, but for the first...
Report: $9M Main Street Lending Program (MSLP) Loan Went To Firm Tied To Convicted Felon Who Was Sentenced to Prison For Tax Fraud 3 Weeks Later...
The Case For Value And What It Means For Europe Tyler Durden Tue, 12/08/2020 - 05:00 By Michael Msika, macro commentator at Bloomberg With the pandemic-induced...
The COVID-19 pandemic has inflicted devastating effects on the U.S. economy, with job losses especially concentrated among women, minorities, and low-wage workers. Economists have described the...
The housing market has continued to remain a bright spot in the economy, even as other areas continue to struggle amid stay-at-home orders and economic shutdowns....
With over a million new unemployment claims still being filed each week, job growth slowing, and millions of workers about to lose emergency jobless benefits created...
- by New Deal democratBelow is a graph of 4 ways of measuring the downturn in the labor market due to the pandemic:1. Payrolls (blue) -...
New research suggests that if Donald Trump had handled the COVID-19 pandemic better and kept outbreaks under control, he might have won the Nov. 3 election.
2020 has been a year like no other, an election campaign like no other, and now a Presidential transition like no other. Here is a glimpse...
Morgan Stanley: "The Biggest Debate About 2021 Isn't Where The Market Is Going. It's How It Gets There" Tyler Durden Sun, 12/06/2020 - 18:15 By Andrew...
Today was, perhaps astonishingly, the last jobs report of 2020. It’s a moment to take stock of where things stand after the first 11 months of...
Restaurants Slashed Jobs Last Month Tyler Durden Fri, 12/04/2020 - 17:40 By Jonathan Maze of Restaurant Business The restaurant industry lost 17,400 jobs in November, according...
Governor Urges Kids To Rat Out Their Parents' COVID-Rule Violations Tyler Durden Fri, 12/04/2020 - 17:00 Authored by Simon Black via SovereignMan.com, Are you ready for...
Deal Time The next week is all about compromise. Can the UK and EU reach a Brexit compromise that avoids a damaging no deal at the...
We don’t believe enterprises or consumers will revert to the old ways of doing things when the pandemic subsides. Welcome to the next phase of tech...
Mild coronavirus vaccine data concerns and other headwinds weighed on the markets on Thursday as the indices closed mixed. Q3 2020 hedge fund letters, conferences and...
Economic growth of a nation is one of the best performance indicators of the leader heading it. The same is true for the U.S. as well....
Coronavirus Pandemic Relief: Unemployment Remains Unacceptably High as McConnell Again Lowballs Struggling Families Q3 2020 hedge fund letters, conferences and more Worrisome Unemployment Rate WASHINGTON, D.C. –...
The rally in energy companies is likely premature. To understand why such may be the case, we have to review a bit of history. In 2013,...
Slashing carbon emissions by 68% by 2030 will depend on using the UK's infrastructure strategy effectively.
Advanced new home purchases create a firm backlog of future construction activity and consumer spending, and may point to more inventory to come. The post Bought...
Another 1.0 million people applied for UI benefits last week, including 712,000 people who applied for regular state UI and 289,000 who applied for Pandemic Unemployment...
As Another 712K Get Pink Slips, McConnell Insists On More Corporate Giveaways in Lieu of Real Covid Pandemic Relief Q3 2020 hedge fund letters, conferences and...
- by New Deal democratThis week’s new jobless claims decreased close to their pandemic lows, while the unadjusted and 4 week averages did make new pandemic...
Mauldin: This Was All Predicted 10 Years Ago Tyler Durden Thu, 12/03/2020 - 08:45 Authored by John Mauldin via MauldinEconomics.com, In 2010, the scientific journal Nature published a...
Financial markets remain torn between near-term concerns about the evolution of the COVID-19 pandemic — infection and hospitalisation rates are rising in the US after the...
ADP reports today that, for the fifth consecutive month, the labor market recovery everyone had hoped for has instead been transformed into something else entirely. According...