During the 12 months from 1 March 2020 through February 2021, the U.S. economic lockdown politicians imposed during the pandemic ended 200,000 more businesses than would have closed during a normal economy, a study published on 15 April by the U.S. Federal Reserve has found. About 600,000 U.S. businesses, or roughly 8.5 percent, close in...
Tag: apr 20 2021
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VALUE OF THE USD IS CRATERING
By Gregory Mannarino, TradersChoice.net The U.S. dollar has hit a record low with regard to its purchasing power. And we have not seen anything yet. The Federal Reserve has by design created a monster. A monster that exists in the creation of astronomical amounts of cash out of thin air. Understand the mechanism here. Every...
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U.S. MARKETS OVERVIEW
The Dow Jones Industrial Average and S&P 500 index closed last week hitting new highs with the Dow setting its 21st record close this year. And the S&P, which has surged 87 percent from its low last March, hit its 23rd record close and is up 5.8 percent in this year’s first quarter. With some...