In a letter to the editor, Fred Clark writes, "I am going to do my part to rectify this situation by my actions and donate my stimulus check to support food, housing and medical support groups."
My concern is that the Fed will begin to gain comfort in the functioning of short-term interest rates, then decide to reduce the balance sheet just before a shock coincides with less liquidity and super-high stock valuations.
Greylock Federal Credit Union has been awarded $525,000 in grant funds from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund.
The threat of more tariffs to be imposed by the U.S. just before talks were to begin was a dangerous game of diplomacy chicken, which didn’t end well as the Chinese said they were going to retaliate by raising tariffs on $60 billion of U.S. goods starting June 1.
The bad news is that when everyone is bullish, it’s often a bad time to be invested because, often times, that means all of the potential good news has already been expected and priced into the market.
Negative effects will intensify and compound the longer the shutdown continues. If the government were to reopen today, the affect for this quarter would be nearly tripled due to the impact from workers not receiving paychecks.
The Coast Guard, the agency we rely on during the darkest days of disaster, is about to be shuttered for the sake of a wall and a temper tantrum. Ready to move to Canada yet?
