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Tag: sep 09 2020

Home sep 09 2020
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September 9, 2020September 9, 2020TRENDS ON THE U.S. ECONOMIC FRONT

THE FU, K-SHAPED RECOVERY WORSENS WEALTH INEQUALITY

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The economic recovery is benefitting the well-off more than those struggling to make ends meet. In July, Americans put $3.2 trillion into savings accounts; also in July, almost 15 percent of American households with children reported they lacked adequate food. A quarter of U.S. households have reported being able to pay down debt faster than...

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September 9, 2020September 9, 2020TRENDS ON THE COVID WARFRONT

CHINA: WE BROUGHT YOU COVID. WE’RE #1

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Happy Chinese Lunar New Year 2020! That’s when China launched the COVID War. Remember the 24/7 news on how they were building hospitals in just weeks to handle the sweeping pandemic in the Wuhan province? Remember our 28 January cover of the Trends Journal? CORONAVIRUS: 106 DEAD IN CHINA – 1.4 BILLION STILL ALIVE. THE...

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September 9, 2020September 9, 2020TRENDS ON THE COVID WARFRONT

BUY THE COVID HYPE, AVOID THE FACTS

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How deadly is the coronavirus? Who is it killing? Should entire nations, states, and cities lock down despite the facts that the vast majority of those who are victims of the virus are elderly and ill? Last week, the CDC emphatically confirmed what the Trends Journal has been reporting since the lockdowns began in March:...

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September 9, 2020September 9, 2020TRENDS ON THE U.S. ECONOMIC FRONT

U.S. MARKETS FRONT

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Yesterday was a down day on Wall Street. The Dow fell 632 points and the NASDAQ Composite Index slumped 4.1 percent, extending its losses over the past three trading day to 10.03 percent, pushing it into correction territory. Today’s a different story. The Dow gained 439 points, and the NASDAQ was up 2.71 percent on...

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