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The U.S. housing market could lose 4% of its value. Unemployment claims and layoffs would be a headwind. Demand is expected to fall off a cliff thanks to the coronavirus pandemic. The U.S. housing market is going to be one of the biggest victims of the novel coronavirus pandemic as people lose jobs and the…
Legendary investor and billionaire Ray Dalio said the government needs to spend at least $2 trillion to support the economy. The hedge fund manager warned the global economic impact could run to $12 trillion. Dalio was initially blindsided by the coronavirus and lost 20% of his fund in the panic. The Trump administration is desperately…
Apple is nearly worth more than the entire stock market of one of the world’s wealthiest countries, Australia. AAPL’s incredible run puts it’s valuation on the brink of $1.4 trillion which is where the Aussie ASX currently sits at record highs. Despite U.S. economic dominance it’s hard not to be a little unnerved by Apple’s…
