CHOPPY RECOVERY AHEAD, CANADA’S CENTRAL BANKS WARNS. Canada’s economy will show a surge of strength in this quarter, but the ensuing recovery will be slow and unsteady, the nation’s central bank has warned. Household spending was stronger than expected over the summer, presaging a more robust third quarter than analysts had forecast as consumers vent...
Tag: sep 15 2020
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THE MIGHTY WALKING STICK
There can be no doubt that the handgun is the ultimate weapon of self-defense. The ability to go legally armed with a handgun, however, is severely restricted in many cities. Thus, it is necessary for citizens who reside in urban areas where they cannot carry handguns look to other options for self-defense. Unarmed close combat...
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FEDERAL JUDGE RULES PENNSYLVANIA WOLF’S COVID RESTRICTIONS UNCONSTITUTIONAL
A federal judge appointed by President Trump ruled Monday that the coronavirus restrictions put into place by Governor Tom Wolf, the Pennsylvania Democrat, were unconstitutional, arbitrary, and overreaching. A lawyer for the plaintiffs in the suit, which included four Pennsylvania counties, said the ruling means statewide restrictions can no longer be enforced. U.S. District Judge...
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EUROPE: “SECOND WAVE” ANXIETY
After easing draconian COVID lockdown measures that were imposed in many countries across Europe this past winter and spring, with virus cases on the rise again, a number of countries are re-locking down. As noted by the European Centre for Disease Prevention and Control, the virus cases are overwhelmingly mild and hospitalizations and deaths linked...
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ERADICATION OF THE MIDDLE CLASS
Today, we are amid a destructive transpiring of events that will accelerate into the eradication of America’s middle class. For over a decade, the U.S. middle class has been robbed of TRILLIONS of dollars in wealth accumulation via the mechanism of suppressed rates by the Federal Reserve’s efforts to prop up the stock market. Because...
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U.S. MARKETS FRONT
On the market front, the Dow, after being up 237 points, closed basically flat today, while the S&P 500 closed up 0.5 percent and the NASDAQ gained 1.2 percent on the news that big dealmakers are making more deals and hopes of a corona virus vaccine hitting the market soon. Today’s headline story from CNBC...
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