Monday, August 24, 2020

economy V or W ..?

interesting that economists are seeing the next recession in 2021, while stock market just passed the last high in Feb.

The big business have molded themselves to improve the earnings by cutting costs, coupled with Fed boost, but what about the small businesses ..? 

as i do my walks, i find most of them are hurting big time ..!

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fed left the rates unchanged

2 yr rates drop slightly to catch up further explained by the chief that market has moved ahead raising rates and not waiting for fed action...