Coffee PeddlerCoffee Peddler's Journal
Fed Chairman Powell's briefing today. Just listening to the Q&A,folks,we are in for a long long time before our Nations Job Picture even thinks about improving. And he talked in detail how the Economy will leave AA folks as well as Women way behind in the recovery.
Folks,we are in for one hell of a slog,Banks will be tightening up lending rules as well as being told to increase their reserves and not pay Dividends or Bonus's.
Looks like zero recovery until mid 2021 .