The Economic State: Recent Episodes
Allen LaNear
We compare both Trump and Biden’s positions on healthcare. Biden has clearly stated his plan, but Trump has yet to give a comprehensive plan to replace Obamacare.
This week, we analyze how much of abortion clinics' funding comes from federal and state taxes. We also look at what would happen if Roe v Wade is overturned.
We go into detail about the latest relief bill that has been in the works but has not been able to satisfy both Democrats and Republicans.
We discuss why Netflix is being canceled on Twitter and what that means, financially, for the company.
Despite a rise in COVID-19 cases, the market is reaching higher gains. We discuss why now is the best time to invest. Also, a second stimulus check might be coming, as well as possible student loan forgiveness.
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Articles: 1. https://markets.businessinsider.com/news/stocks/stock-market-outlook-high-unemployment-drive-equities-rally-recession-paulsen-2020-7-1029367029#
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https://www.cnbc.com/2020/07/05/stock-market-futures-open-to-close-news.html
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https://www.forbes.com/sites/wesleywhistle/2020/07/05/second-stimulus-checks-and-student-loan-forgiveness-could-be-coming/#5ec7bb5c7612
Consumers are saving cash nationwide. We analyze how inflation depreciates cash savings. Lastly, we look at unemployment across the US.
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Articles: https://www.cnbc.com/2020/06/21/banks-have-grown-by-2-trillion-in-deposits-since-coronavirus-first-hit.html
https://www.cnbc.com/2020/06/22/theres-nearly-5-trillion-parked-in-money-markets-as-many-investors-are-still-afraid-of-stocks.html
https://www.forbes.com/sites/kenrapoza/2020/06/21/the-states-where-employment-is-recovering-the-best-and-failing-the-most/#2af5cc084680
https://www.wsj.com/articles/u-s-stock-futures-rally-at-start-to-the-week-11592816775
Global stock market tumbles after reports of a surge in cases. The bullish market has turned bearish in fear of continued stay-at-home orders.
Biotech still seeking treatment for COVID-19 which may already be found, IRS and healthcare industry increases flexibility for consumers, and Trump Administration makes way for relief, including a familiar dividend.