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Crisis

COVID-19CrisisNews

Weekly COVID Update: 7/22 – 7/29

Economic Outlook  Perspectives take a less optimistic turn as cases continue to rise.  7/28/20 | Fed Outlook Turns Gloomier as Coronavirus Spreads  7/28/20 | U.S. Consumer Confidence Retreats on Diminished Expectations  7/26/20 | Trump Advisers Still Touting ‘V-Shaped’ Economic Recovery  7/24/20 | Economic Recoveries in U.S., Europe Take Diverging Paths  7/23/20 | Rise in Weekly…
Darren Richards
July 29, 2020
COVID-19CrisisNews

Weekly COVID Update: 7/15 – 7/22

Economic Outlook  Perspectives on economic recovery are mixed, with some industries more optimistic than others.   7/21/20 | COVID counts are up, but so are stocks. What traders are seeing.  7/21/20 | ‘Less optimistic’ and ‘more cautious’: Top CEOs fret as virus cases rise  7/20/20 | The End Of $600 Unemployment Benefits Will Hit…
Darren Richards
July 22, 2020
COVID-19CrisisNews

Weekly COVID Update: 7/7 – 7/14

Economic Outlook  Speculation about the recession continues as the pandemic rages on. Although COVID-19 cases have been rising, many were encouraged by updates on the development of a potential vaccine.   7/14/20 | Stocks Climb on Vaccine Update; Dollar Declines: Markets Wrap  7/14/20 | Dow surges 557 points as traders weigh bank earnings…
Darren Richards
July 15, 2020
COVID-19CrisisNews

Weekly COVID Update: 7/1 – 7/7

Economic Outlook  Optimism about a quick economic recovery wanes as COVID-19 cases continue to rise.  7/7/20 | Dow falls 400 points amid lingering coronavirus and economic fears  7/7/20 | Fed’s Bostic says virus spread threatens to undermine confidence  7/7/20 | COVID-19 relapse sinks economic optimism to crisis low  7/6/20 | Coronavirus tracked: the latest…
Darren Richards
July 8, 2020
COVID-19CrisisNews

Weekly COVID Update: 6/24 – 7/1

Economic Outlook  Although economic recovery seemed threatened by the recent increase in COVID-19 cases, some positive signs became apparent at the end of the week.   6/30/20 | Dow caps off best quarter since 1987 as strong economic data drives gains  6/30/20 | Stocks climb on new signs of economic recovery  6/30/20 | National mask mandate…
Darren Richards
July 1, 2020
COVID-19CrisisNews

Weekly COVID Update: 6/17 – 6/24

Economic Outlook  Retail, home sales, and overall business activity have seen improvement. Mnuchin projects a possible end to the recession by the end of the year, while Bloomberg economists have a less positive outlook.  6/23/20 | Mnuchin says U.S. may emerge from recession by end of year  6/23/20 | US business activity jumps to a 4-month high in June, showing that…
Darren Richards
June 24, 2020
COVID-19CrisisNews

Weekly COVID Update: 6/10 – 6/17

Economic Outlook  Experts warn that full economic recovery could take a couple more years. Some see improvement in retail as a promising sign.   6/16/20 | Stocks rally worldwide on hopes for coming economic recovery  6/16/20 | US retail sales up 17.7% in a partial rebound from plunge  6/16/20 | How COVID-19 will change the…
Darren Richards
June 17, 2020
COVID-19CrisisNews

Weekly COVID Update: 6/2 – 6/10

Economic Outlook  The US has officially entered a recession. Some see signs of improvement, while others believe alternative indicators are needed to accurately evaluate this pandemic economy.  6/9/20 | The US labor market is recovering ‘at a healthy pace’ so far in June, Fed study shows  6/9/20 | People are getting in planes: The travel business is picking up  6/9/20 | The US recession is confirmed. Now…
Darren Richards
June 10, 2020
COVID-19CrisisNews

Weekly COVID Update: 5/27 – 6/2

Economic Outlook  Forecasts for national economic recovery continue to develop. Hopes for the speedy implementation of a COVID-19 vaccine may not be a reality.    6/2/20 | Global stocks rise on economic rebound optimism  6/2/20 | The US economy could take nearly a decade to recover from the coronavirus pandemic, according to the CBO  6/1/20 | A State-By-State…
Darren Richards
June 3, 2020