Surging Grocery Comps Could Rocket Into Double Digits As Worried Quarantiners Lock Themselves Down It is estimated that food retailers saw explosive new sales growth of 8% during the first week of March.
Boober Eats: Portland Exotic Dancers Pivot To Food Delivery As Strip Clubs Forced To Close “It became very real when all this happened. Dancers work for tips and tips only.”
California's Public Employees Retirement System Just Lost A Stunning $69 Billion In One Month This will likely be a trend around the US...
Must We Kill The Economy To Kill The Virus? Is it necessary to create an economic and social crisis to solve the medical crisis?
New Home Sales Tumble In March, Despite Plunging Mortgage Rates Based on signed contracts in February, when COVID-19 was only marginally on the radar but nothing like it was in March.
No Refunds: Costco Hoarders Discover They Can't Return Toilet Paper "Costco basically saying y’all wanted to be extra, y’all gonna deal with your millions of toilet paper all over your house."
"This Is The Biggest Thing Since 1776..." Doug Casey Explains How COVID-19 Will Spark The Greater Depression More serious than the first-order or second-order effects are third-order effects...
Amazon Doubles Its Workers' Overtime Pay As Demand Spikes Due To Coronavirus Lockdowns Amazon has now hiked its base pay, overtime pay and is looking to hire 100,000 more people...
You Will Sacrifice And It Will Hurt You’re still going to pay, either through higher taxes in the future or through inflation... In the end, economics always wins.
The Huge Fear: How Do I Pay The Bills? Those living paycheck to paycheck are the first to lose their jobs and have hours cut. They are justifiably worried...
On FDR's Tyrannical Gold Confiscation It would be difficult to find a better example of dictatorship and tyranny than that...
IRS Moves Tax-Filing-Day From April 15 To July 15, Mnuchin Says All taxpayers and businesses will have this additional time to file and make payments without interest or penalties...
Existing Home Sales Soar To 13 Year Highs Ahead Of National Crisis “February is looking at the rear-view mirror,”
Paper Wealth Is Vanishing Into A Big Black Hole The sad reality is when markets fall they sometimes do not come back...
"It's Rather Devastating": The Coronavirus Outbreak Cost One NYC Caterer Half A Million Dollars "...Virtually everything that was on the books is either canceled or going to be rescheduled for a later time.”
"There Is No Light At The End Of This Tunnel": NYC's Largest Chinese Restaurant Forced To Close Its Doors Jing Fong, which seats 800, has closed its doors...
US Housing Starts, Permits Slide In February Ahead Of Virus Impact Building Permits tumbled 5.5% MoM in February (worse than the 3.2% drop expected) - its worst MoM drop since Feb 2017.
Facebook Employees To Receive $1,000 Bonus During COVID-19 Outbreak Facebook is giving every employee a $1,000 bonus in order to help with bills during the coronavirus outbreak, according to The Information.
Execs At Over 20 Companies Agree To Forfeit, Freeze, Or Cut Salaries Or Bonuses Amid Virus Fallout “CEOs are acutely aware of how the market and public react to their peers. So when the first one goes, others quickly follow.”
