Stock Prices Reflect More Fed Intervention, not Reality of Hardships Ahead
More than 39 million people have applied for unemployment benefits — the biggest deluge of joblessness in history.
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We Are in a Generational Economic Cycle. Better Lock in That Mortgage Rate
In another 20 years or so, rates should be reaching for another generational top. Perhaps you’ll have to pay 15% for a mortgage. Or maybe it will be more like 50%.
Government Bankruptcies — the Real Second Wave of Coronavirus Casualties
The coronavirus argument has now shifted to suppressing the “second wave” to minimize deaths. But what has been lost in this argument is the nuance concerning the economic impact of it.