Indeed, this is something to look out for, particularly with election season and Congress/WH battling, and not able to pass a needed new stimulus bill.
People are forgetting that the stimulus packages are all that held up the economy, stock market, and the housing sector over the last few months.
But now, the chickens will start coming home to roost as unemployment benefits have run out/declined, PPP and EIDL are done, states/municipalities are in trouble, and the next few months look even more ominous with more divisive politics straight ahead (Ginsburg passing adding to the growing divide).
Add to that the 2nd wave of covid now hitting Europe very hard, and threating to hit the U.S. again as well, with schools, colleges and other business re-opening during covid/flu seasons.
If we dont get a new stimulus package soon, watch out below. We should all be putting extreme pressure on congress to move.....NOW.....while we wait a number of months for a vaccine.
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