The Fed's official balance sheet only increased by about $83 billion dollars instead of the $200 billion to $300 billion per week pace since February 2020 so maybe the Fed is taking a much needed vacation? Please visit the Wall St for Main St website here: http://www.wallstformainst.com/…
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When the coronavirus outbreak in the US first started getting bad in February 2020 and early March 2020, the estimates of restaurants closing permanently were nowhere near as high as the more updated estimates 2 full months later. In the last week, the National Restaurant Association released…
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Jason talks about how Nancy Pelosi and Congress are proposing a new $1 trillion dollar bailout for US states and municipalities. U.S.' Pelosi Mulls $1 Trillion for Cities, States in Next Coronavirus Relief Round https://www.usnews.com/news/top-news/articles/2020-04-30/pelosi-says-additional-state-aid-would-be-for-up-to-four-years Pelosi Says States and Cities Seek $1 Trillion in Next Stimulus https://finance.yahoo.com/news/pelosi-sees-1-trillion-state-155337537.html…
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On Monday, The US Treasury announced that it is projecting that it will need to borrow a record $3 trillion dollars for Q2 2020 with another $677 billion dollars in projected planned borrowing for Q3 2020. https://www.marketwatch.com/amp/story/guid/890A9CAA-8E32-11EA-BF80-ADEBCF1A58C2 The Wall Street Journal is projecting a $4.5 trillion dollar…
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Recently, President Trump ordered meat processing facilities in the US to stay open. However, there's still shortages and wholesale beef prices are up over 60% in only 1 month! https://www.zerohedge.com/markets/beef-prices-explode-record-highs-more-stores-limit-meat-purchases This comes even as grocery stores like Kroger and Costco limit people's purchases of fresh meat. Please…
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Apparently, Congress wants to spend as much as humanly possible (while it still can) to take advantage of a relatively strong Dollar (against other currencies) while it still can! Congress (mostly Democrats in Congress) is already debating new spending bills including $2k per month to every American!…
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Jason Burack of Wall St for Main St interviewed returning guest, Chief Investment Officer of Bleakley Advisory Group, Editor of The Boock Report https://boockreport.com/ & CNBC Contributor, Peter Boockvar. Follow Peter Boockvar on Twitter here: https://twitter.com/pboockvar During this 25+ minute interview, Jason asks Peter if he thinks…
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The world’s largest Bitcoin (BTC) and crypto investment trust reports that its assets under management (AUM) increased by $500 million since the release of its first-quarter report in March. Grayscale says it now manages $3.7 billion worth of crypto assets on behalf of its clients, marking a…
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With the coronavirus pandemic throwing privacy concerns into sharp focus, securing your online presence has never been more important. Here’s how.
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Crypto exchange Gemini will support three new digital currencies -- Dai, Chainlink, and Orchid -- beginning Friday.  The post Crypto exchange Gemini is adding a stablecoin to its list of tradable assets appeared first on The Block.
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