Forget U or V or W: We may be headed toward a K-shaped recovery

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The lack of further stimulus aid from the government could create more and more divergence between our society’s “haves” and “have-nots.” U, V, W. Most of the forecasts for economic recovery thus far are named for letters that match their shape on graphs of economic indicators. But a new letter is entering the vocabulary of economists and politicians of late, as economic troubles drag on due to a lack of additional government cash relief: K-shaped recovery. Read Full Story

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How my VC fund is helping our companies survive the pandemic

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We’ve adopted a system inspired by emergency room triage, with red, amber, and green color codes to help us prioritize which companies need the most aid. The past few months have seen almost all businesses make dramatic shifts, and the same is true for venture investing. By April 1, I knew I’d been fooled. I had figured COVID-19 would be just a bump in the road for our portfolio companies across Southeast Asia. Lockdowns and other measures were disrupting life in countries from Malaysia to Vietnam, but the founders and CEOs of our firms expected things would bounce back to normal soon. And so did I, until the bad news and grim projections from overseas kept coming. The data points were adding up to a pattern which in no way looked like a V-shaped, or even U-shaped, global economic recovery. Read Full Story

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U-shaped or V-shaped recovery? Here’s your guide to the geometry of recessions

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Some scenarios for what our economic recovery might look like are scarier than others. We’ll help you digest the economic alphabet soup. The coronavirus crisis stands to go down in history as an unwelcome sequel to the Great Depression, as its economic destruction readies to dwarf that of 2008’s Great Recession. But even the worst of times won’t last forever, and economists are now weighing in on how a recovery will look. Read Full Story

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This common speaking method may be one reason why some countries have more COVID cases

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Researchers compared COVID-19 rates in 26 countries to the frequency of aspirated consonants in those countries. In English, the letters P , T , and K are aspirated, meaning that when spoken, numerous small droplets fly from the mouth of the speaker, into the air. In times of COVID-19, this matters: It means that casual conversation in English may be more likely to potentially spread the virus . Read Full Story

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JPMorgan Chase CEO Jamie Dimon Has A Warning For The U.S.

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JPMorgan Chase & Co. (NYSE:JPM) Chairman and CEO Jamie Dimon believes the economic recovery after the pandemic will last at least a few years. He also warned that “inept” public policy and government dysfunction are causing many serious symptoms. [soros] Q1 2021 hedge fund letters, conferences and more Further, he said there was “some froth […]

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Why we need to focus on equity to have a sustainable economic recovery after COVID-19

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The female CEO of Bank of the West points out that one issue that could prevent a sustainable economic recovery is the lack of women in positions that are responsible for P&L. “Women’s equality and empowerment are one of the 17 Sustainable Development Goals, but also integral to all dimensions of inclusive and sustainable development. In short, all the SDGs depend on the achievement of Goal 5 .” —The United Nations Read Full Story

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Corn Trades Higher, COVID Economic Impacts

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Turner’s Take: COVID economic impacts, Corn trades higher, CBOT up again on global weather concerns Q1 2021 hedge fund letters, conferences and more “The U.S. economic recovery pace accelerated between February and April as COVID vaccinations increased and consumers returned to travel and other entertainment options,” reports Daniels Trading Senior Commodities Broker Craig Turner, author of Turner’s Take […]

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Dd the 2020 economy end up being K-shaped?

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The pandemic left the strong economy that Trump boasted about in tatters. Turns out it wasn’t that good, anyway. Confronted with an economic collapse induced by the coronavirus pandemic, the U.S. government took several measures—including direct stimulus checks, boosting the amount of unemployment insurance, and giving funds to businesses to keep people on payroll—to alleviate the challenges caused by business shutterings and job losses. Fast Company talked to Josh Bivens, director of research at the Economic Policy Institute, a nonpartisan think tank, about the government’s overall response: how it got off to a decent start before petering off into inaction— and leaving gaping inequities that need to be fixed in 2021. Read Full Story

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How the Biden administration can help support America’s labor market

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The CEO of Randstad North America believes that Americans deserve a strong policy platform that will continue to drive our nation’s economic recovery. As we look ahead to 2021, it will be critical for the incoming administration to prepare to inherit a challenging labor market in which millions of Americans remain unemployed. More than 11 million jobs have yet to be recovered, and economists have suggested that our country is unlikely to experience a full economic rebound until 2024. Read Full Story

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