Unemployment is over 10% now. Two more weeks at this rate and it will be about 20%.
A huge amount of americans are paycheck to paycheck. Money situation for the average joe is going to be ugly by the end of this month if it keeps up.
Why? The average Joe is making more on unemployment than their kitchen cook or bus driver job.
Why? The average Joe is making more on unemployment than their kitchen cook or bus driver job.
You know we close early today, right?Spy put for 279 expiring today, let's see those job numbers, who wants to hold over a holiday weekend right?
update sold 1 contract at a profit and bought 5 more when it went back above 279 working from home is the best
Looks like Im wrong.Yeah that flu sure wiped out the economy.
You know we close early today, right?
No. The gubment hasn't bought my stonks yet.Are we in a state owned economy now? Gay.
Those unemployment benefits end. The argument that the majority of Americans are just going to stay home from now on and "live the good life" is a very short sighted one. Unless we're all under the impression the Fed is going to release a new 2T "stimulus" package every month from now until the end of time.
You're probably not a billionaire then!No. The gubment hasn't bought my stonks yet.
I was gonna use my states calculator to verify if this was true or not here, but this is what I ended up seeing. This is to calculate my benefits, not even fucking apply.
I get it. 600$/week boost in unemployment payouts while it lasts.
That's going to cost the gov a shitload of bucks.
Did AOC write than for you? Or was it Elizabeth Warren?You're probably not a billionaire then!
This market.. what a fucking sham. Capital markets completely divorced from main street. All this money going to the rich. It's wild.