What’s Up in the Markets?

Update 454 — What’s Up in the Markets?
Less and Less, Pricing in Uncertainty, Fear

The dissonance between the real economy’s performance, measured in GDP and unemployment, and that of the capital markets, reflected in prices, trading volume, and IPOs, was never starker than in the second quarter that ended last Tuesday. Stocks had their strongest quarter since 1998 while the GDP’s contraction was the worst since 1958. 

A deeper look at recent developments in the markets, their relation to the real economy, and their relative needs as regards relief going forward are covered below. 

Good weekends, all.  

Best,

Dana

—————————

The equity markets’ rally through the spring was a result of significant monetary and fiscal interventions by the Federal Reserve and Congress to avoid a 2008-like financial collapse. The Fed slashed interest rates to near zero in March and announced it could provide markets $2.3 trillion in lending support. Even before the Fed stood up its new facilities, Fed Chair Jerome Powell’s public assurances were enough to calm investors’ jitters. 

But in the final weeks of the quarter, as COVID surged and cases rose in 32 states, investors’ economic outlook shifted and the spring market rally leveled-off. The investor perspective is starting to reflect the uncertainty and fear that the real economy has felt from the beginning. Is a harmonic convergence on the horizon?

Below, we examine how markets are performing and the implications of the Federal Reserve’s actions, as well as suggest relief measures tied to the real economy for the next relief package.

Market Rally Confronts Reality

S&P 500 6-month Performance:

Source: MarketWatch

More than three months have passed since markets rallied in response to a Federal Reserve corporate bond-buying program and passage of the CARES Act. Equity markets experienced a historic rebound, with the S&P 500 Index gaining more than 40 percent between March 23 and June 8. 

This past month, the S&P 500 and Dow Jones indices stalled slightly as COVID-19 cases rebounded and investors accepted the pandemic’s long-term economic effects. But, NASDAQ continues to climb, hitting its twenty-fifth record close for 2020 on July 8. In search of shares insulated from the fallout of the pandemic, bullish investors increasingly turn to tech, pushing NASDAQ higher than pre-pandemic levels.

The Cboe volatility index (VIX), though flat, persists well above its historic average and twice its February low. The VIX futures curve will likely remain elevated as it continues to account for the pandemic’s effect on the real economy, expected delays in the November election, and liquidity threats. Despite these signals of continued market volatility, some investors remain undeterred, confident that fiscal and monetary policy will continue to prop up the market.

Fed Response Strong, but Inherently Inequitable

Unlike Congress, the Fed has been able to respond to market data quickly and call upon its unparalleled expertise when taking action during this crisis. It lowered rates and announced its first emergency lending facilities nearly two weeks before President Trump signed the CARES Act into law on March 27. The CARES Act further bolstered the Fed’s powers by giving it $454 billion to leverage for its new emergency facilities. This is on top of the Fed adding a staggering $2.2 trillion in U.S. treasuries and mortgage-backed securities to its balance sheet since March 11.

These actions have helped bridge banks, corporations, and investors through the first few months of the recession. The Fed and Congress instilled lessons from 2008 and prevented a collapse of the financial system. But these actions have still left many on the sidelines and have led to inequitable effects in our recovery. 

  • Lower Rates Lead to Reach for Yield: The Fed’s lowering of interest rates to near-zero through 2022 has moved investors into the equities markets, even during a pandemic, to realize better returns. While the rally has been great for investors, 48 percent of American families have no investments in stocks. And only 14 percent of American families directly invest in stocks according to Pew Research. As Mary Daly, President of the San Francisco Federal Reserve Bank, said last week, given the forward-looking nature of equity markets, wealth inequality tends to widen when coming out of a recession.
  • Facilities Bridge Firms, Workers TBD: Unlike the Paycheck Protection Program or the airline bailout, the Fed’s $750 billion corporate bond-buying facilities have no requirements for recipient companies to maintain employment. SF Fed Bank President Daly defended corporate bond facilities structure as “… a direct way to help those companies by offering corporate debt market relief but that ultimately helps individuals, workers, and consumers…Us helping the ecosystem of the economy helps everyone.” This seems unsupported by recent evidence as just last week another 2.3 million Americans filed new applications for regular and pandemic unemployment benefits.

During Powell’s sojourns on the Hill, members often implored the Fed to do more and push the limits of its mandates. But Congress is putting too much reliance on a single institution that is not meant to act as a fiscal agent. The Fed’s tools are effective only within certain parameters. They are inherently geared toward helping illiquid markets and corporations — and their investors — but not unemployed workers and struggling families. 

The more Congress relies on the Fed to carry out the recovery, the less equitable it will be. There’s recognition within the Fed that it can’t save the American economy alone. Federal Reserve Bank of Atlanta President Raphael Bostic said on Wednesday, “It is not always obvious that the Fed is the right body to be doing the response.”

Relief for the Real Economy

As the rally levels off and unemployment remains higher than at any time since the Great Depression, perhaps the marginal dollar is better spent on the real economy, supporting the middle- and working-class rather than relying on the Fed to target market liquidity. As Senate Majority Leader McConnell anticipates taking up another coronavirus package later this month, Congress should focus on help for the real economy:

  • Expanded UI Benefits: The CARES Act’s $600 top-off to unemployment insurance benefits and its Pandemic Unemployment Assistance program are both set to expire at the end of this month. These increased benefits have been a lifeline for laid-off and furloughed workers, but the pandemic and the accompanying recession are far from over.
  • Added Automatic Stabilizers: Automatic stabilizers, which tie fiscal programs to macroeconomic indicators, would be an immense boon for present and future economic crises. Such measures would provide immediate support during recessions and obviate the need for rushed, ad hoc relief.
  • Wage Continuity: Rep. Jayapal’s Paycheck Recovery Act, H.R. 6918, would serve a double purpose in securing workers’ wages and business stability through the crisis. The bill would cover salaries up to $90,000 and provide additional funds for business operating costs. 

While nearly 40 percent of households making less than $40,000 have experienced a job loss, the wealthiest Americans have been largely insulated from the economic downturn. The Fed can only take the recovery so far, and it may be nearing the limits of its powers. Equity markets finally seem to be pricing in this reality. An additional package of significant relief to put money in the hands of everyday Americans is necessary.

191 thoughts on “What’s Up in the Markets?”

  1. With havin so much content do you ever run into any problems
    of plagorism or copyright violation? My website has a lot of unique content I’ve either written myself or outsourced
    but it seems a lot of it is popping it up all over the internet without my
    authorization. Do you know any ways to help
    protect against content from being ripped off? I’d really
    appreciate it. 0mniartist asmr

  2. Howdy! Someone in my Myspace group shared this website with us so I came to take a look.
    I’m definitely enjoying the information. I’m bookmarking and will be tweeting
    this to my followers! Wonderful blog and superb design and style.
    asmr 0mniartist

  3. Wonderful blog you have here but I was wondering if you knew of any user discussion forums that cover the same topics talked about here?
    I’d really love to be a part of group where I
    can get comments from other knowledgeable people that share the same interest.
    If you have any suggestions, please let me know. Many thanks!
    0mniartist asmr

  4. Hello there! This is my first visit to your blog! We
    are a collection of volunteers and starting a new project in a community in the same niche.
    Your blog provided us valuable information to work on.
    You have done a marvellous job!

  5. Hi there, i read your blog occasionally and i own a similar one and i was just curious if you get a lot of spam remarks?

    If so how do you prevent it, any plugin or anything you can advise?
    I get so much lately it’s driving me crazy so any assistance
    is very much appreciated.

  6. Right here is the right webpage for anyone who wishes to find out about this topic.
    You understand a whole lot its almost hard to argue with you (not that I personally would want
    to…HaHa). You certainly put a new spin on a
    subject that’s been discussed for many years.
    Wonderful stuff, just excellent!

  7. Good day! This is my first visit to your blog! We are a collection of volunteers and starting a
    new initiative in a community in the same niche.
    Your blog provided us valuable information to work on. You have done a marvellous job!

  8. It’s perfect time to make a few plans for the future
    and it’s time to be happy. I’ve read this post and
    if I may I desire to suggest you some fascinating issues or
    advice. Maybe you could write next articles relating to this article.

    I desire to learn even more things about it!

  9. scoliosis
    It is in reality a great and useful piece of information. I am satisfied
    that you simply shared this useful info with us. Please
    stay us informed like this. Thank you for sharing.
    scoliosis

  10. scoliosis
    I love your blog.. very nice colors & theme. Did you make this
    website yourself or did you hire someone to do it for you?
    Plz reply as I’m looking to create my own blog and would like to find out where u got this
    from. thanks a lot scoliosis

  11. free dating sites
    Hey would you mind stating which blog platform you’re working with?
    I’m going to start my own blog in the near future but
    I’m having a tough time deciding between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design and
    style seems different then most blogs and I’m looking for something completely unique.
    P.S Sorry for getting off-topic but I had to
    ask! dating sites https://785days.tumblr.com/

  12. dating sites
    Hello, There’s no doubt that your blog might be having web browser
    compatibility issues. When I take a look at your web site in Safari, it looks fine however, if opening in IE, it’s got some
    overlapping issues. I simply wanted to give you a quick heads up!
    Other than that, great website! free dating sites

  13. Hey! Would you mind if I share your blog with
    my twitter group? There’s a lot of people that I think would really appreciate your content.
    Please let me know. Thanks

  14. Great weblog here! Additionally your website quite a bit up
    fast! What host are you the use of? Can I get your associate
    hyperlink to your host? I want my web site loaded up as fast as yours
    lol

  15. Nice post. I learn something new and challenging on sites I stumbleupon every day.
    It will always be exciting to read through articles from other writers
    and practice a little something from other web sites.

  16. It’s appropriate time to make a few plans for the long run and it is time to be happy.

    I have learn this put up and if I may I want to recommend you some
    attention-grabbing issues or suggestions.
    Maybe you can write subsequent articles regarding this article.

    I desire to learn even more issues about it!

  17. Hey! Do you use Twitter? I’d like to follow you if that would be okay.
    I’m definitely enjoying your blog and look forward to
    new posts.

  18. Currently it appears like BlogEngine is the
    top blogging platform out there right now. (from what I’ve read) Is that what you
    are using on your blog?

  19. Howdy! This post could not be written any better!
    Reading through this post reminds me of my previous room mate!
    He always kept chatting about this. I will forward this article to him.
    Pretty sure he will have a good read. Thank you for sharing!

  20. Hello There. I discovered your blog the usage of msn. That is an extremely smartly written article.
    I will make sure to bookmark it and come back
    to read extra of your useful information. Thank you
    for the post. I’ll certainly return.

  21. I loved as much as you’ll receive carried out right here.
    The sketch is attractive, your authored material stylish.

    nonetheless, you command get bought an impatience over that you wish be delivering the following.
    unwell unquestionably come more formerly again as exactly the same nearly a lot often inside case you shield this increase.

  22. I don’t know if it’s just me or if perhaps everyone else encountering issues with your blog.
    It appears as if some of the text in your content are running off the screen. Can somebody else
    please provide feedback and let me know if this is happening to them as well?
    This might be a problem with my web browser because I’ve had this happen previously.
    Thanks

  23. Heya i’m for the first time here. I came across this board and I find It truly
    useful & it helped me out much. I hope to give something back and help others like you helped me.

  24. Wonderful site you have here but I was curious about if you knew of any message
    boards that cover the same topics talked about in this article?
    I’d really like to be a part of community where I can get responses from other knowledgeable people that share the
    same interest. If you have any recommendations, please let me know.
    Thank you!

  25. Have you ever thought about including a little bit more than just your articles?
    I mean, what you say is fundamental and everything. But just imagine if you added
    some great pictures or videos to give your posts more, “pop”!
    Your content is excellent but with images and videos, this website could certainly
    be one of the very best in its niche. Amazing blog!

  26. Nice post. I was checking constantly this blog and I’m inspired!
    Extremely useful information particularly the remaining section :
    ) I deal with such info much. I used to be seeking this certain info for a long time.
    Thanks and good luck.

  27. Hi, i read your blog from time to time and i own a similar one and i
    was just curious if you get a lot of spam feedback?
    If so how do you reduce it, any plugin or anything you can suggest?
    I get so much lately it’s driving me insane so any assistance is very much appreciated.

  28. I know this if off topic but I’m looking into starting my own blog and was wondering what
    all is required to get set up? I’m assuming having a blog like
    yours would cost a pretty penny? I’m not very web smart so I’m not 100% sure.
    Any recommendations or advice would be greatly appreciated.
    Thanks

  29. I’ve been browsing online more than 4 hours today, yet I
    never found any interesting article like yours. It’s pretty worth enough for me.
    In my view, if all webmasters and bloggers made good content as you did, the net will be much more useful than ever before.

  30. I am curious to find out what blog platform you’re utilizing?
    I’m experiencing some small security issues with my latest blog
    and I would like to find something more secure. Do you have
    any suggestions?

  31. We are a group of volunteers and starting a
    new scheme in our community. Your site provided us with useful info to work on. You have done a formidable task and
    our entire community will likely be grateful to you.

  32. I just could not leave your website prior to suggesting that I
    extremely loved the usual information a person supply for your guests?
    Is gonna be again frequently to investigate cross-check new posts

  33. Hi, i read your blog occasionally and i own a similar one and i
    was just wondering if you get a lot of spam remarks? If so how
    do you protect against it, any plugin or anything you
    can recommend? I get so much lately it’s driving me
    mad so any help is very much appreciated.

  34. Superb website you have here but I was wondering if you knew of any
    discussion boards that cover the same topics talked about here?
    I’d really like to be a part of community where I can get suggestions from other experienced people that share
    the same interest. If you have any suggestions,
    please let me know. Cheers!

  35. Wonderful goods from you, man. I’ve understand
    your stuff previous to and you’re just too great.
    I really like what you have acquired here, really like what
    you are saying and the way in which you say it. You make it entertaining and you still take care of
    to keep it sensible. I cant wait to read far more from you.
    This is actually a great site.

  36. First off I want to say fantastic blog! I had a quick question in which I’d like to ask if you do not mind.
    I was interested to know how you center yourself and clear your head before writing.
    I’ve had difficulty clearing my thoughts in getting my
    thoughts out there. I truly do enjoy writing but it just seems like the first 10 to 15 minutes are generally wasted simply just trying to figure out
    how to begin. Any suggestions or tips? Thanks!

  37. I think this is among the most vital info for me.

    And i am glad reading your article. But should remark on some general things,
    The website style is great, the articles is really excellent : D.
    Good job, cheers

  38. My partner and I stumbled over here from a different web page and thought I might check things out.
    I like what I see so now i’m following you. Look forward to looking over your web page for a second time.

  39. I feel that is among the most significant information for me.
    And i am happy studying your article. However should statement on few basic issues,
    The website style is perfect, the articles is truly
    nice : D. Just right task, cheers

  40. Fantastic website. Plenty of helpful information here.

    I am sending it to several buddies ans also sharing in delicious.
    And naturally, thanks to your effort!

  41. Howdy are using WordPress for your site platform?
    I’m new to the blog world but I’m trying to get started and set up my own. Do
    you need any coding knowledge to make your own blog?
    Any help would be really appreciated!

  42. You actually make it seem so easy along with your presentation however I find this topic to be really one thing that I think I’d
    by no means understand. It sort of feels too complicated and extremely extensive for me.
    I am looking forward on your subsequent post, I’ll attempt to get the hold of
    it!

  43. I’m not sure where you’re getting your info,
    but great topic. I needs to spend some time learning much more or understanding more.

    Thanks for wonderful information I was looking for this information for my mission.

  44. Right here is the right webpage for everyone who wishes to
    understand this topic. You know a whole lot its almost tough to argue with you (not that I personally would want to…HaHa).
    You definitely put a new spin on a topic that has been written about for a long time.
    Great stuff, just excellent!

  45. I am no longer positive the place you are getting your information, but great topic.
    I needs to spend a while finding out more or figuring out more.
    Thanks for wonderful information I was on the lookout for this information for my mission.

  46. Does your blog have a contact page? I’m having trouble locating it but, I’d
    like to shoot you an email. I’ve got some suggestions for your blog you
    might be interested in hearing. Either way, great website and I look forward to seeing it expand
    over time.

  47. Have you ever thought about adding a little bit more than just
    your articles? I mean, what you say is important and everything.
    But just imagine if you added some great pictures or video clips to give
    your posts more, “pop”! Your content is excellent but with images and clips, this site could certainly be one of the most beneficial in its
    niche. Great blog!

  48. I’m extremely inspired with your writing talents
    as smartly as with the layout to your weblog. Is that this a paid subject or did you modify it your
    self? Either way keep up the excellent high quality writing, it’s uncommon to peer a great weblog like this one these days..

  49. Simply wish to say your article is as astounding. The clarity in your post is simply cool and i could assume you are an expert on this subject.
    Fine with your permission let me to grab your feed to keep updated with forthcoming post.
    Thanks a million and please carry on the rewarding work.

  50. Have you ever thought about publishing an e-book or guest authoring on other blogs?
    I have a blog based upon on the same ideas you discuss and would really
    like to have you share some stories/information. I know my
    readers would value your work. If you’re even remotely interested, feel free to shoot me an e-mail.

  51. Hello There. I found your blog using msn. This is an extremely well written article.
    I’ll be sure to bookmark it and return to read more
    of your useful information. Thanks for the post.
    I’ll certainly return.

  52. I think everything published made a great deal of
    sense. However, consider this, what if you were
    to write a awesome headline? I am not suggesting your content
    is not good., but what if you added a title that makes
    people want more? I mean What’s Up in the Markets?
    is kinda vanilla. You might look at Yahoo’s front page and watch
    how they write post headlines to grab viewers to open the links.
    You might add a related video or a related picture or two to grab readers excited about everything’ve written. Just my opinion, it
    might bring your website a little livelier.

  53. I like the helpful info you provide in your articles. I’ll bookmark
    your blog and check again here regularly. I am quite sure I will
    learn many new stuff right here! Good luck for the next!

  54. I don’t know if it’s just me or if perhaps everybody else experiencing issues
    with your blog. It looks like some of the text on your posts are running
    off the screen. Can someone else please provide feedback
    and let me know if this is happening to them too? This may be a
    problem with my internet browser because I’ve had this happen before.
    Cheers

  55. Howdy! I could have sworn I’ve visited this site before but after browsing through a few of the posts I realized
    it’s new to me. Regardless, I’m definitely pleased I stumbled upon it and I’ll be bookmarking it and
    checking back frequently!

  56. Usually I do not read post on blogs, but I wish to say that this write-up
    very forced me to take a look at and do it! Your writing style has been amazed me.

    Thank you, very great article.

  57. I simply could not go away your web site before suggesting that I really loved the usual information a
    person supply on your guests? Is gonna be back regularly in order to inspect new posts

  58. Whats up are using WordPress for your site platform?

    I’m new to the blog world but I’m trying to get started and set up my own.
    Do you need any coding expertise to make your own blog?

    Any help would be greatly appreciated!

  59. Howdy! This is my 1st comment here so I just wanted to give a quick shout
    out and say I genuinely enjoy reading through your posts.
    Can you suggest any other blogs/websites/forums that cover the same topics?

    Appreciate it!

  60. Fantastic goods from you, man. I’ve take note your stuff previous to and you’re just
    extremely excellent. I actually like what you have acquired here, certainly like what you’re saying and the best way during which
    you are saying it. You make it entertaining and you continue to take care of
    to keep it wise. I can’t wait to learn far more from you.
    That is actually a tremendous website.

  61. You’ve made some decent points there. I looked on the net
    for more info about the issue and found most individuals will go along with your views on this site.

  62. I have been browsing online more than 3 hours today, yet
    I never found any interesting article like yours. It’s pretty worth enough
    for me. Personally, if all site owners and bloggers made
    good content as you did, the net will be much more useful than ever
    before.

  63. Hello there! I know this is kinda off topic however , I’d figured I’d ask.

    Would you be interested in exchanging links or maybe guest writing a blog article
    or vice-versa? My website goes over a lot of the same topics as yours and I think we could greatly benefit from each other.

    If you’re interested feel free to shoot me an e-mail. I look
    forward to hearing from you! Wonderful blog by the way!

  64. Great work! That is the type of information that are meant to be shared
    around the net. Shame on the seek engines for no longer positioning this publish upper!
    Come on over and discuss with my site . Thanks
    오피사이트

  65. you are in point of fact a excellent webmaster.
    The website loading pace is amazing. It kind of feels that
    you are doing any distinctive trick. Moreover, The contents are masterpiece.
    you’ve performed a wonderful activity on this topic!

  66. Hey there, I think your website might be having browser compatibility
    issues. When I look at your website in Opera, it looks fine
    but when opening in Internet Explorer, it has some overlapping.
    I just wanted to give you a quick heads up! Other then that, amazing
    blog!

  67. Excellent web site you have here.. It’s difficult to
    find excellent writing like yours nowadays. I truly appreciate individuals
    like you! Take care!!

  68. I know this if off topic but I’m looking into starting
    my own weblog and was wondering what all is required to get setup?
    I’m assuming having a blog like yours would cost a pretty penny?
    I’m not very web smart so I’m not 100% certain. Any suggestions or advice would be
    greatly appreciated. Appreciate it

  69. Howdy fantastic blog! Does running a blog such as this take a massive amount work?

    I’ve no understanding of programming but I had been hoping to start my own blog soon. Anyhow,
    if you have any recommendations or techniques for new blog owners
    please share. I understand this is off topic but I just
    needed to ask. Thank you!

  70. I do trust all the ideas you have introduced in your post.
    They’re really convincing and will definitely work.

    Still, the posts are very quick for novices.
    May you please extend them a bit from subsequent time?

    Thanks for the post.

  71. My brother recommended I would possibly like this blog.
    He was once entirely right. This post truly made my day.
    You can not consider just how much time I had spent for this info!
    Thank you!

  72. Pretty great post. I simply stumbled upon your blog and wished
    to say that I have truly loved surfing around your weblog posts.

    After all I’ll be subscribing for your feed and I’m hoping
    you write once more soon!

  73. Good day! I know this is somewhat off topic but I was wondering
    which blog platform are you using for this website?

    I’m getting sick and tired of WordPress because I’ve had problems with hackers and I’m looking at options for
    another platform. I would be great if you could point
    me in the direction of a good platform.

  74. Pingback: cheese on keto diet

  75. Hi there just wanted to give you a quick heads up and let you know a few
    of the images aren’t loading properly. I’m not sure why but I think its
    a linking issue. I’ve tried it in two different
    internet browsers and both show the same results.

  76. Thank you, I’ve recently been looking for information approximately this subject for a long
    time and yours is the best I have found out till now.
    But, what concerning the bottom line? Are you sure concerning the supply?

  77. Hi there, You have done an excellent job. I will certainly digg it and personally recommend to my friends.
    I am sure they’ll be benefited from this web site.

  78. Hey just wanted to give you a quick heads up. The words in your content seem to be
    running off the screen in Safari. I’m not sure if this is
    a formatting issue or something to do with internet browser compatibility but I
    figured I’d post to let you know. The layout look great though!
    Hope you get the issue solved soon. Cheers

  79. Wow, amazing blog layout! How long have you been blogging for?

    you make blogging look easy. The overall look of
    your website is magnificent, let alone the content!

  80. Hey there! I could have sworn I’ve been to this website
    before but after browsing through some of the post I realized
    it’s new to me. Anyways, I’m definitely delighted I found it and I’ll be
    bookmarking and checking back frequently!

  81. Magnificent beat ! I wish to apprentice even as you
    amend your site, how could i subscribe for a weblog web site?

    The account helped me a appropriate deal. I were a little bit familiar of this
    your broadcast provided shiny transparent concept

  82. Hi there, just became alert to your blog through Google, and found that it is really informative.
    I am gonna watch out for brussels. I will appreciate if you
    continue this in future. Many people will be benefited from your writing.
    Cheers!

  83. I am curious to find out what blog system you happen to
    be working with? I’m experiencing some minor security problems with my latest blog and I
    would like to find something more safe. Do you have any recommendations?

  84. Please let me know if you’re looking for a article writer for your weblog.

    You have some really good articles and I believe I would be a good asset.
    If you ever want to take some of the load off, I’d love to write some articles for your blog in exchange for a link back to mine.
    Please blast me an e-mail if interested. Thanks!

  85. Hello! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good results.
    If you know of any please share. Many thanks!

  86. My coder is trying to persuade me to move to .net from PHP.

    I have always disliked the idea because of the costs.
    But he’s tryiong none the less. I’ve been using Movable-type on various websites for about a year and am anxious about switching to another platform.
    I have heard good things about blogengine.net. Is there a way I can transfer
    all my wordpress content into it? Any kind of help would be greatly appreciated!

  87. I’m really impressed along with your writing talents as smartly as with the layout on your weblog.
    Is that this a paid subject matter or did you customize it your
    self? Either way keep up the excellent quality writing, it’s rare to
    see a great blog like this one today..

  88. Howdy, I do think your site could be having browser compatibility issues.
    When I look at your blog in Safari, it looks fine however,
    if opening in Internet Explorer, it’s got some overlapping
    issues. I simply wanted to provide you with a quick heads up!
    Other than that, excellent site!

  89. I’ve been browsing on-line greater than 3 hours today, yet I by
    no means found any attention-grabbing article like yours.
    It is beautiful worth enough for me. In my opinion, if all site
    owners and bloggers made just right content material as you probably did, the internet
    can be a lot more helpful than ever before.

  90. I’m really impressed with your writing skills and also with the layout on your
    weblog. Is this a paid theme or did you customize it yourself?

    Anyway keep up the excellent quality writing, it is rare to see
    a nice blog like this one nowadays.

Leave a Reply to tinyurl.com

Your email address will not be published. Required fields are marked *