JCPNQ - Wall Street Breakfast: An Unforgettable 2020
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. An unforgettable 2020There was no shortage of coronavirus headlines in 2020 and the economic shocks from the pandemic are likely to reverberate for the foreseeable future.Big government staged a comeback, where it became the norm to supplement employee wages and offer direct payments for their citizens. A big rethink in economics also changed minds about public debt, with federal deficits ballooning as central banks jumped back into the money printing business and interest rates notched record lows.Shocks hit supply chains across the globe and made businesses and governments even more skeptical on their reliance on China. Things were even tougher on the domestic front. Low-paying work in services, where there's more face-to-face contact, took a gigantic hit, while higher up the income ladder, remote offices became
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Wall Street Breakfast: An Unforgettable 2020