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Showing posts from August, 2020

Finance News

Mall giant Simon snapping up bankrupt retailers to outdo its rivals  https://www.washingtonpost.com/business/2020/08/26/simon-property-group-malls/ Pandemic bankruptcies: A running list of retailers that have filed for Chapter 11  https://www.washingtonpost.com/business/2020/05/27/retail-bankrupcy-chapter11/ A retirement community of postal workers has a message to deliver to Trump: Trust the mail  https://www.washingtonpost.com/politics/2020/08/26/retirement-community-postal-workers-has-message-deliver-trump-trust-mail/ Big Oil Is in Trouble. Its Plan: Flood Africa With Plastic.  https://www.nytimes.com/2020/08/30/climate/oil-kenya-africa-plastics-trade.html?smid=tw-share The Beer Industry Looks for Ways to Help Black Brewers  https://www.nytimes.com/2020/08/28/dining/drinks/black-owned-breweries.html?smid=tw-share New Yorkers Are Fleeing to the Suburbs: ‘The Demand Is Insane’  https://www.nytimes.com/2020/08/30/nyregion/nyc-suburbs-housing-demand.html?smid=tw-share

Finance News

Employment Gains in Expansion Wiped Out by COVID19  https://www.cbpp.org/employment-gains-in-expansion-wiped-out-by-covid-19 Analysis | As permanent economic damage piles up, the Covid Crisis is looking more like the Great Recession  https://www.washingtonpost.com/business/2020/08/25/permanent-economic-damage-piles-up-covid-crisis-is-looking-more-like-great-recession/ To counter China, some Republicans are abandoning free-market orthodoxy  https://www.washingtonpost.com/business/2020/08/26/republicans-favor-industrial-policy/ Perspective | Trump promised a payroll tax holiday — but so far it’s all just talk  https://www.washingtonpost.com/business/2020/08/27/trump-payroll-tax-holiday/ The Investment Perspectives Blog is at: https://tinyurl.com/blogfin083020   with  4  finance articles. My blog can also be found on my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest . This blog is produced daily.   Note, I also post a blog that covers Coro

Finance News

Visualizing the Social Media Universe in 2020  https://www.visualcapitalist.com/visualizing-the-social-media-universe-in-2020/ The Multi-Billion Dollar Industry That Makes Its Living From Your Data  https://www.visualcapitalist.com/personal-data-ecosystem/ More than 1 million Americans file for unemployment, again  https://www.fredericknewspost.com/public/ap/more-than-1-million-americans-file-for-unemployment-again/article_701ece86-e6ac-5f44-8e63-bc6f44996088.html?utm_medium=social&utm_source=twitter&utm_campaign=user-share Dow erases 2020 losses with 161-point pop  https://www.washingtonpost.com/business/2020/08/28/dow-2020-stocks-markets/ Online psychotherapy, booming during the pandemic, may be here to stay  https://time.com/5883704/teletherapy-coronavirus/ The Economic Model of Higher Education Was Already Broken. Here's Why the Pandemic May Destroy It for Good  https://ti.me/2QsB05a Amazon Moves Further Into Health Industry  https://khn.org/MTE

Finance News

The Four Asset Classes With Great Long-Term Performance  https://www.aaii.com/journal/article/13009-the-four-asset-classes-with-great-long-term-performance  [I comment on this article on AAII’s website] Fed changes its approach to inflation, as leaders aim to navigate future crises and reach full employment  https://www.washingtonpost.com/business/2020/08/27/powell-jackson-hole-inflation/ Opinion | It’s not flashy politics, but the Fed’s new inflation policy will shape the country for years  https://www.washingtonpost.com/opinions/its-not-flashy-politics-but-the-feds-new-inflation-policy-will-shape-the-country-for-years/2020/08/27/cd2461a0-e87d-11ea-97e0-94d2e46e759b_story.html UCLA sues Under Armour, seeking in excess of $200 million  https://www.baltimoresun.com/business/bs-bz-ucla-sues-under-armour-20200827-ptpr6ltlovbnbnn4jsxhyeaqzi-story.html Walmart leaps into TikTok acquisition fray, joining Microsoft’s bid  https://www.washingtonpost.com/technology/2020/08/27

Finance News

Analysis | Trump and the RNC ignore the biggest crisis of all  https://www.washingtonpost.com/world/2020/08/26/trump-rnc-climate-change/ Powell to describe Fed’s new approach to full employment and stable prices  https://www.washingtonpost.com/business/2020/08/26/powell-jackson-hole/ Prognosis for Rural Hospitals Worsens With Pandemic  https://khn.org/MTE1MTYzNg The Decline Of Upward Mobility In One Chart  https://www.visualcapitalist.com/the-decline-of-upward-mobility-in-one-chart/ 'The hardest message': American Airlines to lay off 17,500 front-line workers due to coronavirus travel slump  https://www.usatoday.com/story/travel/airline-news/2020/08/25/american-airlines-lay-off-17-500-employees-due-covid-19-slump/5632184002/ Perdue Farms donates about 17.5 tons of chicken to West Annapolis Pop-up Pantry, totaling roughly $62,000  https://www.baltimoresun.com/maryland/anne-arundel/ac-cn-perdue-donation-20200823-20200825-yaa7oglaprgblmezo5cx6n2ie4-story.html    

Finance News

Heather Cox Richardson: The Republican Convention, Pompeo, End of Social Security, Etc. https://heathercoxrichardson.substack.com/p/august-25-2020?r=5dxjz&utm_campaign=post&utm_medium=email&utm_source=twitter School leaders fear that stricter lunch program eligibility in the fall could make it harder for students to eat  https://www.washingtonpost.com/local/education/school-leaders-fear-that-stricter-lunch-program-eligibility-in-the-fall-could-make-it-harder-for-students-to-eat/2020/08/25/e26e5414-e268-11ea-8dd2-d07812bf00f7_story.html Nation’s biggest business lobby is behind Republicans’ push to shield employers from coronavirus liability  https://www.washingtonpost.com/business/2020/08/25/americas-biggest-business-lobby-is-behind-republicans-push-shield-employers-coronavirus-liability/ Who thought it was a good idea to have facial recognition software?  https://brook.gs/3geZx8j Dozens Of Maryland Companies Get Billions To Help Find Coronavirus Vaccine  htt

Finance News

Which College Degrees Get the Highest Salaries?  https://www.visualcapitalist.com/visualizing-salaries-college-degrees/ Why Trump’s Approval Ratings on the Economy Remain Durable  https://www.nytimes.com/2020/08/24/us/politics/trump-economy.html?smid=tw-share This Plan Pays to Avoid Layoffs. Why Don’t More Employers Use It?  https://www.nytimes.com/2020/08/20/business/economy/jobs-work-sharing-unemployment.html?smid=tw-share Four Insurance Carriers Hit Big Profits Compared To A Year Ago  https://khn.org/MTE2MDkwNA Is Chicago tourism done until 2021? Facing fewer visitors and the possibility of losses, some venues are closing early.  https://www.chicagotribune.com/coronavirus/ct-coronavirus-chicago-early-closures-city-attractions-hotels-20200821-ql3e4qgn7zh2xlyctk76dyaypa-story.html Sen. Cardin: Congress must prioritize small businesses in next Covid-19 relief bill  https://www.bizjournals.com/baltimore/news/2020/08/21/sen-cardin-congress-small-business-relief-bill.

Finance News

Debt, eviction and hunger: Millions fall back into crisis as stimulus and safety nets vanish https://www.washingtonpost.com/business/2020/08/23/economy-federal-benefits-low-wage-workers/ Americans need a compromise on the economy. Trump must allow one. https://wapo.st/34ncUB3?tid=ss_tw California is burning, and once again, Trump wants to let it https://wapo.st/3aWH5QL?tid=ss_tw As Census Count Resumes, Doubts About Accuracy Continue to Grow https://www.nytimes.com/2020/08/24/us/census-bureau.html?smid=tw-share Markets look to the Fed again to build on S&P 500 record as Congress continues to disappoint https://cnb.cx/2EtG46r The Economic Recovery That Isn’t https://www.nytimes.com/2020/08/23/opinion/trump-convention-economy.html?smid=tw-share A Detailed Look at the Downside of California’s Ban on Affirmative Action https://www.nytimes.com/2020/08/21/upshot/00up-affirmative-action-california-study.html?smid=tw-share The Dreaded Lanternbug, Scourge

Finance News

How Trump, Mnuchin and DeJoy edged the Postal Service into a crisis https://www.washingtonpost.com/politics/trump-mnuchin-dejoy-postal-service-delays-crisis/2020/08/22/b80f5ba8-e3c3-11ea-8181-606e603bb1c4_story.html Perspective | Five myths about the U.S. Postal Service https://www.washingtonpost.com/outlook/five-myths/five-myths-about-the-us-postal-service/2020/08/21/6a113206-e304-11ea-8dd2-d07812bf00f7_story.html Perspective | Trump was too focused on white men to make the economy truly great https://www.washingtonpost.com/outlook/trump-was-too-focused-on-white-men-to-make-the-economy-truly-great/2020/08/20/d948e886-ddae-11ea-8051-d5f887d73381_story.html $300 Unemployment Benefit: Who Will Get It and When? https://www.nytimes.com/article/stimulus-unemployment-payment-benefi.html?smid=tw-share Outdoor Dining Is a Hit, but Restaurants Face ‘Apocalyptic’ Times https://www.nytimes.com/2020/08/23/nyregion/outdoor-dining-new-york.html?smid=tw-share TikTok to Chall