Few black families will benefit from the historic stock market rally
https://apple.news/AMGQnWzMlTR6q0FzMThMBwQ
Posts
Falling Jobless Rate Could Imperil Aid Underpinning the Recovery
https://www.nytimes.com/2020/06/05/business/jobs-economy-recovery-aid.html?referringSource=articleShare
Economy improves faster than expected
https://www.wsj.com/articles/global-stock-markets-dow-update-06-05-2020-11591331442?emailToken=1ca931422a7ece16d63dc01131f45b3bZ7tfEwDj6GOOXX3Ni3lpPXw9Gs93cKpCQxz/BTnh7OUo0f+7d6yx7esKgL7hhCt1S0mHzU4GekBbQDIu8WC5kMKqExozksjBACHTQiFj8mY%3D&reflink=article_copyURL_share
The grim racial inequalities behind Americaʼs protests
The grim racial inequalities behind Americaʼs protests Profound economic, health and judicial disparities help explain the fury over George Floydʼs death Jun 3rd 2020 Profound economic, health and judicial disparities help explain the fury over George Floydʼs death ON THE EIGHTH day of protests against the killing of George Floyd, Donald Trump boasted about his record on reducing black poverty and unemployment and passing criminal-justice reform. “My Admin”, he tweeted, “has done more for the Black Community than any president since Abraham Lincoln.” Is that true? Are African-Americans better off under Mr Trump, and what does that have to do with the protests? According to the Census Bureau, African-Americans earn barely three-fifths as much as non-Hispanic whites. In 2018 average black household income was $41,400, compared with $70,600 for whites. That gap is wide. In Britain, where race relations can also be tense, blacks earn 90% as much as whites. The American gap is narrowe...
Systemic racism in the economy
https://slate.com/business/2017/06/an-interview-with-richard-rothstein-on-the-color-of-law.html
Dismal Earnings, Bullish Stock Investors and the Fed’s Invisible Hand
https://www.nytimes.com/2020/05/27/business/stock-market-coronavirus.html?referringSource=articleShare
Keynes
https://www.nytimes.com/2020/05/20/books/review-price-of-peace-john-maynard-keynes-zachary-carter.html?referringSource=articleShare
Fever Checks and Quarantine Dorms: The Fall College Experience?
https://www.nytimes.com/2020/05/19/us/college-fall-2020-coronavirus.html?referringSource=articleShare
Facing Adulthood With an Economic Disaster’s Lasting Scars
https://www.nytimes.com/2020/05/19/business/economy/coronavirus-young-old.html?referringSource=articleShare
Has covid-19 killed globalisation?
https://www.economist.com/leaders/2020/05/14/has-covid-19-killed-globalisation
Fed Chair Warns the Economy May Need More as Congress Hesitates
https://www.nytimes.com/2020/05/13/business/economy/fed-chair-powell-economy-virus-support.html?referringSource=articleShare
It pays to be in Stocks
Despite market pullbacks, stocks have risen over the long term Source: Fidelity Investments. Past performance is no guarantee of future results. See footnote 1 for details. It's unclear what will happen next. But we do know that these patterns have played out in similar ways in recent market pullbacks. Days with unimaginable losses have sometimes been followed quickly by days with large gains. Eventually, the market has historically gotten through these periods and gone on to produce positive returns—the largest of which often come right after big selloffs.
Gaps in Amazon’s Response as Virus Spreads to More Than 50 Warehouses
https://www.nytimes.com/2020/04/05/technology/coronavirus-amazon-workers.html?referringSource=articleShare
White-Collar Companies Race to Be Last to Return to the Office
https://www.nytimes.com/2020/05/08/technology/coronavirus-work-from-home.html?referringSource=articleShare