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Tag: U.S. economy


Capital and Risk, Macroeconomic

JPMorgan becomes first major bank to say first quarter GDP will decline because of coronavirus surge

November 20, 2020

Via: CNBC

JPMorgan economists now see an economic contraction in the first quarter due to the spreading coronavirus and related restrictions being imposed by states and cities. The new forecast is a departure from Wall Street’s widely held view that the first […]


Capital and Risk, Macroeconomic

WH Trade Adviser Peter Navarro Warns Lockdowns Are a ‘Regressive Tax’ on the Poor

November 20, 2020

Via: CNSNews.com

White House trade adviser Peter Navarro said Friday that the top states with the highest unemployment are run by Democratic governors while those with the lowest unemployment are run by Republicans. Speaking to reporters outside the White House, Navarro noted […]


Capital and Risk, Macroeconomic

Joe Biden will have a long list of economic fixes to make: Experts say these are the top 3

November 11, 2020

Via: Aol

Economists and market analysts say that when President-elect Joe Biden takes the oath of office in January, he will inherit a battered economy. While most metrics of economic activity have risen from the record-shattering lows they hit in March and […]


Capital and Risk, Macroeconomic

As hopes fade for a major stimulus, here’s what it means for the fragile economy

November 4, 2020

Via: CNBC

As the question remains over who will capture the hotly contested presidential race, one casualty quickly emerging from fallout is the massive stimulus package Democrats were hoping to get to boost the economy. A blue-wave victory in Tuesday’s elections was […]


Capital and Risk, Macroeconomic

GDP Grew at Record 33.1% in 3rd Quarter

October 29, 2020

Via: CNSNews.com

Real gross domestic product (GDP) increased at a record annual rate of 33.1 percent in the third quarter of 2020, as efforts continued to reopen businesses and resume activities put on hold by the pandemic, the Bureau of Economic Analysis […]


Capital and Risk, Macroeconomic

As Washington delays stimulus, the Fed is running out of ways to help the economy

October 28, 2020

Via: CNBC

Federal Reserve officials have been pressing Congress to provide more fiscal help to the U.S. economy, and with good reason: The central bank is running out of ways it can help. Since the expiration of key provisions of the $2.2 […]


Capital and Risk, Macroeconomic

Future economic relief should care for more families

October 19, 2020

Via: FinTech Futures

The CARES Act partially stabilised the financial health of many families facing unemployment and other economic hardships in the wake of COVID-19. However, millions of immigrants and their families who pay taxes and provide essential services were not eligible for […]


Capital and Risk, Macroeconomic

Consumer sentiment index rises to 78.9 in September, highest level since March

September 18, 2020

Via: Market Watch

The University of Michigan said the preliminary reading of its U.S. consumer sentiment index in September was 78.9, up from 74.1 in the prior month. Economists polled by MarketWatch expected a reading of 75.9. The sentiment indicator covers how consumers […]


Capital and Risk, Macroeconomic

A snapshot of the $1.2 trillion freelance economy in the U.S. in the age of Covid-19

September 15, 2020

Via: CNBC

More than one-third of the American workforce freelance amid the Covid-19 pandemic, contributing $1.2 trillion to the U.S. economy, a study by Upwork revealed Tuesday. This was a 22% increase since 2019 and it was fueled in part by an […]


Capital and Risk, Liquidity

Treasury yields slip amid signs that U.S. economy remains fragile

September 2, 2020

Via: Market Watch

Long-dated U.S. Treasury yields fell on Wednesday as investors fretted over the fragility of the U.S. economic recovery which has led investors to expect the Federal Reserve will keep interest rates at rock-bottom for an extended period. What are Treasurys […]