Tonight we end on a somewhat hopeful note but warn that locals should never get their financial advice from broke-ass blog communities.
We love our readers but most of them don't even know how to avoid value traps. Hint: Dollar cost averaging is kind of like getting counseling for a failing marriage . . . It seems like it'll help in the long run but still risks leaving everybody broke and miserable if things don't eventually turn around.
And so we share these links on the topic of recovery . . .
Prez Trump Promise
President Trump vowed to rebuild the U.S. economy to honor those who have died as a result of the coronavirus pandemic. "We're going to rebuild it again in honor of all those who perished today," Trump said Saturday night on Fox News' " Justice with Judge Jeanine."
Good Times Ahead?!?!
Millions of Americans, idled by the coronavirus pandemic, could soon be back at work - and still keeping their social distance. Business leaders and analysts see promising signs of a recovery in the labor markets, and in the coronavirus-crippled economy, by early summer, The Post has learned.
Market Timing For People Who Never Saw This Coming . . .
Prepare for massive new opportunities in stocks as the response to the coronavirus reshapes the economy
The Federal Reserve on Thursday unveiled an unprecedented $2.3 trillion program to support the economy. New jobless claims, announced on the same day, surged to 6.6 million in the past week. That said, massive opportunities in the stock market will arise because of a major shift in the post-coronavirus economy.
Life Lesson: Not All Recoveries Are Created Equal
This Is Joe Biden's Moment The Navy Is Losing Its Fight Against the Coronavirus Why Americans Are So Resistant to Masks We're Now Living the American Carnage Trump Promised Would End at His Inauguration The World Health Organization said it is investigating reports out of South Korea that some patients who had recovered from the coronavirus tested positive again after initially testing negative for COVID-19.
Rebuilding Takes Time . . .
The COVID-19 outbreak has already sent the stock market on a wild ride, shuttered businesses left and right, and forced millions of Americans into unemployment. And new data from PayScale reveals that it could take some Americans -- namely, blue-collar workers and small business
To wit . . .
And all this inspires our playlist tonight:
As always, thanks for reading this week and have a fun and safe Saturday night. At home.