The monthly deficit in June was ~$864 billion, which is nearly as much as 2019's yearly deficit. Here's a good link to explore the complexities around the U.S. deficit, and what it means in the greater scheme of things.
Here are some of the posts that caught my eye recently. Hope you find something interesting.
- Employee Surveillance Software Demand up 55% since Start of Covid-19 Lockdown. (TTV)
- Business in 2020 and Beyond. (McKinsey)
- AI Researchers Say We've Squeezed Nearly as Much out of Modern Computers as We Can.(TNW)
- Fauci: Young People are Propagating a Pandemic by Not Caring If They Get Infected. (Slate)
- Everything You Need to Know about Viruses: a Quick Visual Explanation of Viruses in 9 Images. (OpenCulture)
- Here's Why All of the S&P 500'S Gains since April Came after the Market Closed. (MarketWatch)
- American Billionaires Have Made an Average of $42 Billion a Week throughout the Pandemic. (BI)
- Banks Double Loan Loss Reserves Everybody is Struggling'. (TheStreet)
- The Fed is Going to Buy Stocks. (Forbes)
- 'The Outcome Will Be Catastrophic' : a Renowned Stock Bear Says Current Market Valuations Rival that of the Great Depression and Warns a Return to Normalcy Will Be Accompanied by a 66% Crash. (BusinessInsider)
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