A Tale of Two Economies

Update 442 — A Tale of Two Economies:Market Correction v. Employment Collapse This week, we compare the impact of the Corona pandemic on the U.S. capital markets and on the real economy of wages and workers. The major indices — DJIA, S&P, NASDAQ — are down less than ten percent this year with gains over …

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Amid Market Viral and Spiral

Update 417: Amid Market Viral and Spiral,A Survey of Business and Consumer Debt In the midst of the coronavirus panic, the Dow plummeted 1,191 points yesterday — the biggest single-day point drop in history. This past week, the S&P 500 dropped 12 percent, making this a full-blown market correction from nowhere in just six trading …

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